Thank you, Mr. Chairman. We have had, as all Members are aware, very limited resources in the last number of years because of the loss of the economic development agreement funding. That was not replaced. Also, because of the cutbacks that the government undertook in the last five years. What we have done is taken what limited resources we had and focused on the diamond development, and more recently on the oil and gas activity. There has been in increase in the allocation for tourism, mostly because we are waiting on an economic strategy, which is currently being developed.
As well, we have been lobbying for several years now to get the federal government prepared to provide some generic funding to us again. Funding for economic development that is no longer available to Nunavut, the Northwest Territories or the Yukon. We have recently raised this with the federal government through discussions with both Mr. Nault and Paul Martin. There is a draft economic strategy that may be available to us, hopefully in the next week or so. If the co-chairs of the economic advisory panel are prepared to share it with us, we can have a preliminary glance at it with the federal government, and see if it is something that they can use as a basis for giving new dollars to us to assist in the development and promotion of the North economically through a strategy paper. Thank you.