Thank you, Mr. Speaker. Cities and towns have been able to borrow for land development for many years, but before a community can borrow land, it must own the land and in Nunavut the land claim gave ownership of land to the municipalities. The smaller communities in the west do not own the land, although some in the Inuvik region are interested in land ownership. In the west, where communities do not own the land, communities will not be borrowing money for land development.

Instead, the department has a capital budget for land development projects in the west. The land policy was approved by Cabinet in April and it went through this House and I also tabled a document, Finding the Right Balance, which lists all the information in that document in regards to the land development policies. I would suggest to the Member that he read that policy because it has given consideration to all the communities. We do work with the communities on this policy. All the communities should know about it. In the case of Rankin Inlet, the Hamlet will be repaying this loan. It is under Article 14 of land claims agreement and it is just a normal thing that has happened. Thank you, Mr. Speaker.