Thank you, Madam Chair. The amounts that we show in our capital forecast for land development projects will vary from year to year depending on the demand that is forecast. If certain things happen affecting the demand for land in a particular community, then the amounts the department will bring forward in the subsequent fiscal year will be modified accordingly.
In Rankin Inlet, we would only plan to have one to two years of supply in advance of the demand that we anticipate occurring in the communities. So while a project may show a large amount of money being spent, it is being spent over period of time and the phase-in of that work will be adjusted to reflect the actual demand that is materializing for land in the community. If an excess supply is accumulated, subsequent work would be deferred. Thank you, Madam Chair.