Thank you, Mr. Speaker. Mr. Speaker, recently a committee was struck to, once again, review the Business Incentive Policy, or BIP as most people refer to it. Mr. Speaker, in this committee it is not our intention to reinvent the wheel, but more so, to review and analyze the existing data that was compiled by the previous committee.

I have had the opportunity to speak with various beneficiaries of the BIP, and also the NWT Construction Association in order to gauge the most recent views and opinions of this program. The committee has met once to review the overall history concerns associated with the policy. We will be having a final meeting on Sunday, December 1, to formalize our recommendations to this government. It is regrettable that the committee could not bring closure to this review before the commencement of this session, but this was unfortunately due to the extremely tight work schedules of the Assembly. Thank you, Mr. Speaker.