Thank you, colleagues. Mr. Chairman, I move that Bill 30 be amended by adding the following after the title "Motion, Deficit Elimination Act," that Bill 30 be amended by adding the following after the title:
Whereas the Legislative Assembly recognizes the creation of the Nunavut territory and the new western territory in 1999;
Whereas the Legislative Assembly recognizes that it will be necessary to divide the assets and liabilities of the Northwest Territories in a fair and equitable manner in preparation for division of the Northwest Territories;
Whereas the Legislative Assembly is aware of it's responsibility to ensure that no significant financial burden encumbers either the Nunavut territory or the new western territory;
Whereas the Legislative Assembly commits, in principle, to the concept of a balanced budget."
Thank you, Mr. Chairman.