Thank you, Mr. Chairman. Mr. Chairman, when we talk about this money that might be available in royalties should we take over ownership, is there an expectation by the Minister that there will be an agreement with our northern partners that would see those royalties flow to Northerners for programs and services? Is there an expectation that there will not be some offset to the federal transfer payments when that happens?

I guess I am trying to get a sense of what sort of net increase are we expecting if we take over ownership? Is it 100 percent? Do we expect that we will be able to take on the advantage of all of the royalties or are we looking at something where, with the current tax increases for instance, we get only 20 cents on the dollar because of the offset in the formula? What can Northerners really look forward to here in the future in terms of benefiting from these royalties when we do take over ownership?