Mr. Speaker, the gasoline tax increased by 1.5 cents a litre. That's going to have an impact on people in the Northwest Territories. It will maybe have an impact on us too because it may cause us to gain some more revenues.
With regard to the other taxes, the increase in corporate income tax is going to affect companies in the Northwest Territories.
Of much greater concern is when we find out more details; they talked about mining and resource revenues, yesterday. We don't know what the impact of that is going to be. Those are the kinds of areas that I'm concerned about right now. I know there are other people in Canada who are concerned about frightening away large corporations from Canada, and I guess we must be equally vigilant.
You know yourself, Mr. Speaker, that this year we did not choose to raise corporate income taxes because we wanted to be competitive. So I think Canada has to be competitive and the Northwest Territories as well. So it may have some downstream effects that we don't know about yet, Mr. Speaker, but it's something that we're monitoring. Thank you.