Mahsi, Mr. Speaker. Yesterday, during question period, I was questioning the Minister of Education, Culture and Employment with regard to a statement that he made in the House called "partners in education." In the statement he stated that there is a review of the student financial assistance program in the new fiscal year. Further on in his statement, he said that the territorial government will also need to review its funding levels to the colleges as we have reached a point where we must reduce spending and increase efficiency and effectiveness.

This is quite a loaded statement, Mr. Speaker, it could mean all kinds of different things. So, I would like to ask the Minister responsible for this department exactly what he means by saying this government has to reduce funding levels. Further on he said we must reduce spending. What does he mean by that? Thank you.