Thank you, Mr. Chairman. We said two years ago, the most important issue to the Northwest

Territories is the bread and butter issues, jobs. In order for us to create that atmosphere, create the proper ability for our private sector to invest and to attract investment; we had to create the right atmosphere and that was balancing our budget. Making the Northwest Territories look like an attractive place to invest. We have also, in doing that accomplished many other things. We were also able to amalgamate the Department of Resources, Wildlife and Economic Development that is pretty well through the amalgamation process and ready now to go into the communities and work with the communities like I had just previously told Mr. Krutko, the MLA for Mackenzie Delta. We go out to the community, economic or community development workshops, especially level two and three communities. So, we can work with those communities to develop the renewable resources.

We are also very active in working to ensure that the Northwest Territories benefits from the mineral exploration that is happening, the diamond mines. There is no way that this government will lay down and allow diamonds to fly over and our resources to leave this country without us benefiting.

Like Mr. Todd says, he will tax them and tax them until we do get their attention, but we will get their attention and benefit as northerners from that resource. We do have great development in the Sahtu region, in the Liard area, the potential for not only logging but for oil and gas. I just came back from the Beaufort area, there is great potential up there as well. What we have to do and are doing, is moving ahead on some initiatives to enable us to have the tools ourselves in order to move ahead, and those initiatives are the bill that Mr. Todd is coming forward with pretty soon, An Amendment to the Financial Administration Act. Also, the new partnership with the private sector, where we can hopefully develop a vehicle in partnership with the private sector so we can build more infrastructure, whether it be highways, schools, hospitals or whatever, in the Northwest Territories. Thank you.