Thank you, Mr. Speaker. The regulatory regime in the Northwest Territories has largely been designed by the federal government. It is our duty as citizens to make the best of the regulatory regimes that we have available to us in order to regulate development, and development applications. It is our wish that our regulatory regimes in the future come under territorial jurisdiction as much as possible. We need to advance this in partnership with the aboriginal governments.
It is my view that we can achieve this and work towards a regulatory regime that would be simple, efficient, yet tough enough to assure everyone that the rules are clear and the costs for development in the North are clear, and upfront. This will be done in the future, in partnership with aboriginal governments, the federal government, and industry. Thank you.