Thank you, Mr. Chairman. The transfer agreements for community infrastructure will involve the transfer of ownership of the assets where the territorial
government does not see any territorial interest. If there is a concern by the territorial government that incentives need to be there or assurances need to be in place to make sure that there is not any incremental costs to government, by virtue of a decision made by the community government to sell or lease a particular asset once it is transferred to the community. Those types of concerns need to be accommodated in transfer agreements. Part of the community empowerment initiative is to transfer assets and authorities to community governments, so they can manage their own situation in the way they think is most economical and efficient and effective for the delivery of municipal services. There is a wide range of management opportunity going to community governments and how they manage their assets. Conceivably, in some instances, it may mean selling an asset or perhaps leasing an asset, rather than building an asset or leasing it from private parties. There is a wide range of management discretion going to communities in the asset transfer process. Thank you, Mr. Chair.