Thank you, Mr. Chairman. In regard to costs of the intergovernmental forum and the devolution of the revenue sharing process, if there is one, it is an item to discuss on the agenda. We have discussed this with Minister Nault. We have pointed out to Mr. Nault that in the development of the secondary diamond industry, we have done this entire initiative on our own. There has been no federal money coming in to help us develop our economy for the last number of years. That was strongly noted.
Hopefully, in the next couple of weeks, we will get back to having some discussions with Minister Nault and the Finance Minister, Paul Martin, on arrangements like this. There is no doubt we expect them to pay the majority of the costs for these types of initiatives. It has come up in the course of our discussions.
I should say as well, Mr. Chairman, when I say we only seem to be more busy and there are more things happening now, I say that because last month there was a unanimous motion by aboriginal leaders to support the idea of owning and managing a pipeline. In the last two years, there has been a few trillion cubic feet of natural gas found in the Deh Cho.
In the last few weeks and months, a few million have been bid by oil and gas companies to do exploration in the Beaufort Delta, which was virtually non-existent in the last few years. We have spoken of an intergovernmental forum and again, there is a renewed interest in setting up a process to have discussions or negotiations on devolution and revenue sharing that were not there before. We have the Akaitcho people that are sitting down to resume negotiations with the federal government. We have the Deh Cho as well.
These type of things call for increased time and resources by our government. These are just some of the things that we see that compel us to do as much good, quality work as we possibly can in a very short period of time. As well as try to be as inclusive as we can as Members of the Legislature, as well as the aboriginal governments, who we have committed to being full partners with as we carry out our work in the next few years. Thank you. I tried to be brief.