Thank you, Mr. Speaker. Let me say that, under the current formula, it would be marginal. It really depends on how effective we are in getting the accord transferred back to the territories. Once it is transferred back, we would make appropriate adjustments after discussions with the industry and the House about what the tax regime would be. I don't want to be in a position to say it will be this amount or that amount. I will say this, and I have said it very clearly, once we get an arrangement with the federal government, we need to take a hard look at the tax regime. This tax regime, according to the notes here, is something like 45 years old. We need to make adjustments.

Will it bring significant resources to the Northwest Territories? I fundamentally believe it will. There is somewhere around a $650 million capital investment, and I'm told that the revenues on one mine alone will be somewhere in the region of $600 million and that the profitability is extremely high, in comparison with other mining industries. I'm not trying to evade the question. I'm merely saying to the honourable Member that the tax regime is antiquated, it's old, inappropriate for the 1990's and, once we get the legislative responsibility, we would then bring forward a competitive but more fair regime that would bring the kind of revenues to the Northwest Territories that we need to redistribute. After all, let's remind everybody -- including the industry, if they are listening -- they are our diamonds. Thank you.