Thank you, Mr. Chairman. I would just like to, with the greatest of respect to my colleague, Mr. Steen, who is, much wiser than myself, on the history on the Northwest Territories. I recall history myself, and I have recalled what has happened with economic development projects in the Northwest Territories. We can see the economic development from the some of the mining industry, for example, Echo Bay Mines, or Lupin, or Nanisivik, or other mining companies. If that is economic development then we do not need it. It is complete fly over economy. What is the north benefitting from? The jobs are all coming out of the south, a 727 touches down at the mine and lands in Edmonton, is that development? I say no.
What development is, is people living in the north, investing in the north. If they are going to take our resources out of the north, Mr. Chairman, yes, I did take a strong stance with BHP, and I still take that same stance, whether it be Kennecott, or any other mining company, or any other developer.
We as northerners have to benefit from the resources that are being taken out of the land. We have seen many, many, times in the past. We had the whalers here. They took away all the oil, what did they leave? Not a lot. We had the Hudson Bay Company. They are big time developers. What did they leave, besides a few beads and trinkets. You have other developers, as well, that came into the north and left without leaving anything, so we stuck to our guns and we came out three weeks ago and said yes, if you are going to develop the north, you are going to live up to the public promises you made.
You guaranteed jobs, you guaranteed to our businesses in the north to get service contracts. So we are trying to assist them to live up to their word. I think we have been very successful in doing it. There is no way we are trying to scare out the mining sector. We welcome all mining development with open hands and we will help them down that road as long as they are ready to hire and buy in the north and support northern business, and northern people. That is not asking too much. These are our resources. They are right out our back door. So we expect that, and rightfully so. I completely agree with Vince. There is more to economic development than Yellowknife and BHP Diamonds, there is a lot more than that in the north. We have to work with the other communities in other regions to get economic development going and we are committed to doing that.
We have to work on the renewable resource economic development, whether it be saw mills, wood, wildlife, or fish, or whatever. As far as what the Premier's Panel is doing, and I thank the Members, for the good people they sent to the Premier's Panel, I thank them all because they are all excellent people that are volunteering their time to give us some advice.
The first meeting that we had, was basically, this is where the Government is and these are the problems we have. It was a meeting to let them know where we are as a Government. The next meeting we started talking about more issues about what we have to do as a Government. The major thing that came out of that meeting is that we have to get off our butts as a Government and move ahead getting our people trained to take advantage of economic development that is happening.
Now they have asked for quite a bit of information. We have met twice since our Premier's Panel has been in place. So I am expecting some strong recommendations coming out of there in the very near future and I will be pleased to supply Members with their briefing on that last meeting, or the last two meetings, if you would like that. I will tell you one thing, it is a panel that is composed of good business people that have invested in the Northwest Territories that are willing to contribute to the Northwest Territories. When they came on, all the meetings are on weekends, because these people are far too busy to take time off their companies during the week. I thank them because they gave up their weekend when it is normally spent with their families.
So, I thank you for your excellent recommendation, Vince, on the person you sent from Tuk, he has been very active as well as the other Members, and I will share that information with Members of this Assembly. Thank you.