Thank you, Mr. Speaker. Just to go over the background on this again, the Government of Nunavut decided they wanted to form their own corporation in Nunavut. A transition agreement was reached that would take effect on March 31, 1999. In the interim, the corporation runs the power plants in Nunavut as well as its employees. Nunavut has indicated they are looking for a systems manager. The corporation has expressed an interest in being that systems manager. So far, there is no response on that.

With regard to the process of division, there will have to be a process to divide the assets and liabilities between the two territories. The information I have does not address yet, other than information we have been provided, the amount the impact will be on the west. I will have to look into that further. Thank you,