Thank you, Mr. Speaker. The terms of reference for the Electrical Power Generation Study were circulated or delivered to all of the Members of the Legislative Assembly. The purpose of that study is to have a look at our current regime and see how it serves to optimize public interest. We are looking much broader than just the Power Corporation. We are looking at the broad public interest issues around power generation, distribution and regulation. Some of the main areas that they are looking at is security of supply, quality and reliability of service, cost of service, affordability of rates, responsiveness to client needs, adaptability to changing service conditions and, of course, the return on public investment. That is in a nutshell the main terms of reference or purpose for the study.

How does it link into the broader energy strategy or energy initiative? Well, when I went through the goals the Arctic Energy Alliance set, they talked about increased energy efficiency. Certainly what is going on in the Power Generation Study is aimed at that. We need efficient power energy supply for people so that it is cost-effective. Another one of their goals was to develop energy supply options. Again, the Power Generation Study is looking at that one.

Mr. Speaker, those would be the two main ones, although looking at other goals like reducing energy costs and expenditures is certainly part of the study that is being done on power generation.