Thank you, Mr. Speaker. Mr. Speaker, I move, seconded by the honourable Member for Inuvik Twin Lakes, that Bill 9, An Act to Amend the Northwest Territories Power Corporation Act, be read for the second time.
Mr. Speaker, this bill amends the Northwest Territories Power Corporation Act to provide the Northwest Territories Power Corporation with the same investment powers that public agencies have under the Financial Administration Act. Then, in addition, to permit the corporation to invest in any securities and investment instruments it deems to be prudent. Thank you, Mr. Speaker.