Thank you, Mr. Speaker. Mr. Speaker, at this point the parties are preparing to meet to discuss a transition document which would outline the process for the next two or three years. That agreement would most likely see the administration of the Power Corporation remaining in Hay River, under an operating arm of the
corporation, but clearly setting out the process for dividing the utility into two operating utilities at the end of that agreement. However, it is my hope in the meantime that the two governments will find some way to come to the table and conclude an agreement that would see one utility maintained. Thank you, Mr. Speaker.