Thank you, Mr. Chairman. Mr. Chairman, in regards to the whole motion of assisting one mine, I think you have to realize that there are several other mines facing the dilemma. The price of gold is the price of gold. That it is the chance of doing business. You talk about the Polaris Mine, Nanisivik, Lupin, Echo Bay and that is business. If you are only going to basically concentrate on setting a precedent for one mine, what about the oil and gas industry? Why are you not looking at that field where it would be enticing to our region with regards to the Mackenzie Delta and the Beaufort Sea? Why do you not give subsidies to the oil and gas companies and tell them, we will entice you back into the north and we will give you a couple million dollar grant to come north, drill a few holes and you pay back when the price of oil is up to $30 per barrel again? It is the same concept.
I would like to ask the Minister if there are any initiatives with regards to this idea for the oil and gas sector? The north does not only consist of one sector, which is mining. I think you have to consider that the north is diverse and there is also another sector, which I do not feel that this government is committing enough of its resources.