No, this is a direct request from the Arctic Co-op Ltd., through Mr. Lyall, who is the president of that operation. It was a direct request to me to provide, if you want, the Seed money necessary for them to take a look at what kind of fiscal resources they would need to put a credit union into place.

I want to make it clear to everybody in the House that it is not our intention to provide all the money necessary to put together a credit corporation. The request we have been given is for some initial funds to take a look at the options that may be available in terms of funding an NWT credit union. Thank you.