Thank you, Mr. Chairman. In terms of the actual price of the land in the community of Aklavik, I think the price of a lot is around $10,000 to purchase. That does not come close to cover the true development costs, depending on the community, and the cost of developing that land.

One of the policies that is being looked at is the Land Pricing Policy. It is part of a land administration review. There is a rather complex formula for pricing land based on its development costs today. We need to have a look at that to see if that is a fair system and a system that sets a proper value for land that is affordable for people. Thank you.