Thank you, Mr. Speaker.

WHEREAS the Formula Finance Agreement, made on November 28, 1997 between the Government of Canada, represented by the Minister of Finance for Canada, and the Government of the Northwest Territories, represented by the Minister of Finance for the Northwest Territories, has been laid before the Legislative Assembly pursuant to subsection 4(2) of the Financial Agreement Act;

NOW THEREFORE, I MOVE, seconded by the honourable Member for Tu Nedhe, that the Legislative Assembly hereby approves Tabled Document 18-13(5) titled Formula Financing Agreement.