Thank you, Mr. Chairman. I believe in response to Mr. Krutko, I heard the Minister say that he did not believe that the Northwest Territories was going to achieve the same sort of natural resources ownership that Alberta and Saskatchewan did with the Natural Resources Act of 1930. In fact, he said something along the lines of "I do not believe we will get anything nearly so generous."
In his budget speech, he indicated that within a decade, a decade -- ten years -- we could expect to see $200 million in resource royalties flowing out of the North altogether. That is after three diamond mines in operation, he said, a Mackenzie Valley pipeline, and other oil and gas development.
If we are talking about $200 million in total, we are talking about not nearly the same sort of beneficial agreement that Alberta and Saskatchewan saw in terms of the transfer, and we know that we are going to have to talk about sharing revenues with aboriginal governments as well. What does that really leave us in terms of what we are calling significant revenues here?