Thank you, Mr. Chairman. In response to a comment the Premier just made, I was referring, when I made my comments, to current loans. I'm sorry, but I don't understand why, if the government is going to sell something, it would continue to guarantee current loans. Would we do that for any other business in the north? If a private business person wanted to start up a business, this government doesn't guarantee their loans, unless you are getting money through something like the Development Corporation, I suppose. I was under no misapprehension that the proposal was to guarantee future loans. I still think it's wrong to even carry on, under privatization, with personal loans being guaranteed by this government.

In terms of the balanced budget from year to year or getting a rate of return from year to year, I think some of the Premier's comments when she was responding to my comments just now, actually go to support the argument that, because you don't know all of the history and all of what might happen in one year in terms of expenses and revenues, it is very difficult to insist that, on a year-to-year basis, you always have exactly the right rate of return. That's why, sometimes, it might make some sense to average things out over a number of years.

Mr. Chairman, I would also like to respond to the Premier's comments about privatization. It almost sounded as if the campaign was back on for privatization. I would like to point out that all residents of the Northwest Territories own the Northwest Territories Power Corporation. So, when you talk about privatizing it, you are talking about taking something that everybody, whether they have any money right now or not, owns a piece of and benefits from that ownership.

When you take an essential public service like that and put it in private hands, you restrict that ownership and the benefits that come from it. To be honest with you, I see privatization, as it was proposed, as basically giving something away that we all own right now. I'm very happy it is off the table and if the next Legislature wishes to take a look at it, I guess it will be up to the Legislature of that day. I know if I'm here, I certainly will be pushing for it to be delayed until after division because I think it is too important and essential a service for this government not to own it; to ensure it can perform the way it should for all the people in the north. Thank you, Mr. Chairman.