Thank you, Mr. Chairman. In the area of taxes in the Northwest Territories, again looking at the projections the department has put forward in this document, we see a large increase in the corporate income tax. Previously, it was $39 million identified this year. In the revised estimates, $102 million, projecting $160 million. The Minister stated that the future looks bright indeed with the potential here and he mentioned royalty revenue sharing.
We have conflicting messages here. At one point, he stated in the House that in fact royalty revenue sharing was something we probably would not hear back from until 2003. We are looking at the next year here at the end of 2002. Is the Finance Minister stating that we will have results and something we can bank on?
I have concerns with the idea of not focusing on the debt wall. I guess when you see it up close, it is hard to focus on it because it takes up the whole view. Those areas are areas I have watched over the last couple of years and continue to watch. We have staved off the debt wall, as the Minister stated, after receiving some one-time payments, some cash assets sort of trades with Nunavut, and this one-time corporate tax filing. What I am saying is can we count on those?
In the corporate tax area, what would you see as the actual number that we would see? Is it identified in this document? Do you think we will actually get another $160 million? Thank you.