Thank you, Mr. Speaker. The reality is that the current regime is, at least in my opinion and I believe in the opinion of Cabinet, totally inadequate. As I said, we're striving hard to reach an arrangement with the First Nations and aboriginal groups where we can collectively go forward to the federal government to reach an appropriate transfer of responsibility. With this transfer of responsibility, we believe that will give us the leverage necessary to restructure a royalty and tax regime that is fairer to all northerners and First Nations and is competitive with the industry itself. Thank you, Mr. Speaker.