Mahsi cho, Mr. Speaker. Mr. Speaker, on Friday of last week I went to Deninu School to celebrate the graduation of Ms. Amy Mersch. Amy Mersch was the only graduate for the Class of 2003. I met with the local education authority afterwards, along with the deputy minister of Education, Culture and Employment, where we discussed formula financing that supports grade extension. The local authority and I feel strongly that we have to revisit the formula financing agreements with the local education authority to realize more graduates coming out of our schools. Every year, the formula financing agreement is visited with each school, but if it's not negotiated then the true cost of running a school will never be identified and more graduates coming out of the schools will never be realized.

I'll be asking the Minister of Education, Culture and Employment if the department is willing to enter into negotiations with local education authorities of all schools in the Northwest Territories to determine what it really costs to run the schools instead of the local education authority continually fighting for dollars to run the programs and services. Especially in those schools that should be accepting grade extensions. Since Fort Resolution accepted the grade extensions in the schools, we've been seeing more graduates coming out of that school, but the community and the local education authority leaders feel that without more resources and targeted programs and services that these programs could be a lot more successful and we'll see a lot more educated people coming out of the Northwest Territories. I totally agree with that, Mr. Speaker.

I'll be having questions for the Minister of Education, Culture and Employment at the appropriate time. Mahsi cho, Mr. Speaker.

---Applause