Mr. Speaker, to put some numbers to it, we expect to end the 2001-2002 year with a surplus of $160 million in our bank account. That is because of the one-time revenues we have received. However, starting in the 2003-2004 year, we could have about $87 million less than we are projecting for the 2002-2003 year, because the federal government would begin then to recalculate our own corporate tax revenues, unless those kept coming in. They would have made assumptions and overpaid us in 2002-2003. In 2003-2004, they take it back. We would probably be short in that year by about $78 million; in 2002-2003, we could be short by $118 million.
The net result, Mr. Speaker, is that by late 2004-2005, if nothing else changed, we still had the same formula, we made no progress on resource revenue sharing, we had no increase in federal investment in the North, we could be hitting our $300 million debt wall in late 2004-2005. Again, Mr. Speaker, those are all ifs, because there are a lot of calculations to be worked out between now and that time. Thank you, Mr. Speaker.