Thank you, Mr. Speaker, and colleagues. Oftentimes eyes turn towards the territorial government and the city government to where the land situation can be solved, but I would suggest that the federal government and, Mr. Speaker, the aboriginal governments are major stakeholders, major interest holders in the land situation and all four levels of government have a responsibility and an opportunity to get together and make a difference.
Mr. Speaker, my final point is that the cost to the NWT of not acting on lands is going to be significant. I am quoting from a survey that was done last summer which suggests that between now and 2006, we stand to lose some $6.7 million because the housing stock, the trends that see housing constructed, is not going to keep up with the demand. It gets even more dramatic when we look between 2007 and 2011 when our failure to keep up with the housing demand could cost this government in lost federal grants as much as $67 million. The reasons, Mr. Speaker, for government to act on the land question are compelling. Thank you, Mr. Speaker.