Thank you, Mr. Speaker. Mr. Speaker, in regard to the issue that has been at hand all week, the Power Corporation, they exercised their authority to carry out their responsibilities as directors of a corporation. It is crucial that the independence is there of boards to set their goals and objectives, their business plans and following them. Also realizing that there is the independence between running a business and the politics of the day.
Mr. Speaker, under the existing rules and regulations that are in place, in accordance with the directorate, policy and guidelines of this government, from time to time we as government set policy direction. We have looked at energy strategies, non-renewable resource strategies, highway initiatives. Yet we as a Legislature are responsible for developing those policies, strategies and directives. I think also we have to look at what is best for the health and well-being of the Territory.
We have spent many dollars and resources with consultants, putting reports together, and a lot of those reports have never seen the light of day. We have been working with the aboriginal groups to look at different initiatives to try and find ways of dealing with our economy, we are talking about pipelines with mining developments, but we also have to realize that at the end of the day it is the cost of all these initiatives that have to be borne by ourselves as a government and the taxpayers to ensure that those expenditures are done right.
My concern, Mr. Speaker, is that as directors of corporations, regardless if the Business Development Corporation, the Power Corporation, or even our school boards, we have to allow them some autonomy to do their jobs. My concern with regard to the Power Corporation is that we have overstepped our bounds by disputing a notion or idea that we think may be right or wrong, but at the end of the day it is the consumer that has to pay.
I think when it comes to power and understanding the cost of power generation and the effect on people in our communities... Mr. Speaker, I seek unanimous consent to conclude my statement.