Thank you, Mr. Speaker. I think I used the word "competitive." Let me assure that whatever royalty regime we put in place will not impede environmentally-sound development in the mining industry. I want to assure the honourable Member and I certainly want to assure the mining industry that if they think the current royalty regime should stay in place as we move forward in the development of major diamond mines, et cetera, then quite frankly, they better revise their thinking. I've said that consistently and I have no intention of changing it.
We do realize that industry has to be competitive but anyone who is suggesting that the current royalties, which are totally inadequate, are okay, is wrong. We clearly need to make sure that any benefits that are taken out of this country, whether it is gold, lead, zinc or diamonds, that there is some return for investment, if you want, to aboriginal northerners, First Nations, and public government. That's my position. Thank you.
---Applause