Thank you, Mr. Speaker. If I may, I have an urgent call I have to make and I will try to answer my colleague's question and come back as quickly as I can. Mr. Speaker, my honourable colleague is correct. As a Nunavut MLA and Cabinet Minister, I certainly want to ensure and work very hard to bring stability to the economic conditions the east and west can provide a solid base for two new governments. You are correct. We need to move to the next step. It is our intention, certainly on the large picture side, to do exactly that. Whatever you do in a tax window or tax initiatives in the west has to be done in the east. There is no question. Mr. Martin made that clear to me and I made that clear to him in my discussions with him.
In fairness to Nunavut, we were reluctant to go too far because you have an Interim Commissioner's office, you have a new government in waiting, et cetera, and we have been trying to work as closely as we can with them. They have a working committee, I believe, of all the organizations. We are going to provide them with this working document, and as I said before, people can choose to accept or reject, or accept some of, or reject some of what we are saying, but at the end of the day, Mr. Speaker, there is no other option. Unless the federal government is prepared to continue to say, we are going to give you more money, and that is quite clear that they are not going to do that, we just got another $95 million, which I applaud their fairness, but at the end of the day, we simply must look at another way in which to generate revenues.
We have spent an inordinate amount of time over the last 20 years talking about expenditures. We need to find a new way to generate revenues which include the non-renewable resource side and in Nunavut, while it may not be as well developed right now, I am convinced it ultimately will be development. There is a significant amount of exploration going on there, particularly in the Baffin Island area, around Lake Harbour, in the Meliadine area in my riding, so whatever we put in place, and whatever recommendations we make for the future government, has to encompass all of the territories. Thank you.