Thank you, Madam Speaker. I have a return to an oral question asked by Mr. Allooloo on October 21st, with respect for the time frame for funding proposals for credit unions.

The department has been actively seeking potential sources of funding which might be used to start a credit union.

As I have stated before, we have received a proposal requesting $1 million in contribution funding from Arctic Cooperatives Ltd. It is our intention to table this funding request at the EDA Management Committee. Because this is under a new EDA funding program, it will be first reviewed at the Policy Committee level to determine its eligibility. We anticipate the Policy Committee will be meeting in late November. Thank you.