Mr. Speaker at the beginning of this fiscal year, I provided Members of the Legislative Assembly with an update on hydro development opportunities in the North and outlined some plans to pursue those opportunities. These plans included:
- • Entering into an MOU with the Tulita Yamouria Secretariat and the Deline Land Corporation to pursue the opportunity of supplying hydro power to the Mackenzie Valley pipeline from a development on the Great Bear Lake.
- • Entering into a MOU with the Akaitcho Regional Investment Corporation and the South Slave Metis Economic Corporation to pursue business opportunities related to the development of the Taltson River system and supplying the De Beers Mine at Snap Lake with hydro power.
I would like to provide Members with an update on the results of these two initiatives.