Thank you, Mr. Chairman. Mr. Chairman, I indicated in my opening statement that there was an arts and crafts strategy. We had a number of people from the North sit in on it and come out with a package that they are going to be releasing very shortly. In there, the government, through RWED and the Development Corporation, will continue to be involved in developing and trying to enhance this important sector of our economy in the North.
As for the number of different areas that the member touched on, I will try to remember them. I have brief notes here. We have a large role to play in monitoring. He's encouraging the department to participate in the oil and gas monitoring and so forth, and we're continuing to do that.
The wildlife studies; there are a number of studies that are going on. He asked about the moose population decline and the study on the mink, the high level of PCBs in there. We're going to be doing a number of surveys and studies this year. In the Mackenzie Bison Sanctuary, there's a study going to be done on the moose management. We're looking into the caribou habitat in the Cameron Hills as well, because of the high activity that's going on there. Basically that's in the member's riding. In the Deh Cho we've hired a biologist for the region, and that would probably help in the studies that the member is concerned about.
With regard to the new Business Development Investment Corporation, Cabinet has agreed to the amalgamation. There is a legislative proposal that is being developed. Fred Koe has been assigned to put the amalgamation together and develop the legislative proposal, and look at all the different options that are there. As for the location of it, what we prefer do at this point in time is to develop a legislative proposal, and we're hoping to have legislation introduced in June to look at the amalgamation of the Business Credit Corporation and the Development Corporation and different parts of RWED's business development fund. Community Futures is also included. After the legislation, then that's when we would consider where this entity is going to go. There is talk of keeping it in Yellowknife, or moving it to Fort Smith or Hay River, but that decision will be made at that point in time.
Oil and gas monitoring agency, we're working with Indian and Northern Affairs, perhaps something in the line of the C.S. Lord arrangement that we have, something of that model to look at an oil and gas monitoring agency. Not an oil and gas monitoring agency, but a concept of monitoring oil and gas as the development goes ahead.
Freight subsidy with Kakisa, we're planning to go into Kakisa this spring to talk about this whole initiative, and we'll be able to come out with some satisfactory arrangements we hope with that.
As for the Hook Lake bison, we have an item in our budget that we'll continue to fund it this year. The herd is growing. I think the community is also concerned about it. The original plan was that we'll have a healthy herd developed and release it someplace, hopefully back into Hook Lake, but there are other buffalo there now. So we're working with the federal government to see what they're going to do about diseased buffalo. We're anxious for some resolution to this issue but, in the meantime, we're in a holding pattern of continuing to fund this project in Fort Resolution.
As for the interim resource management agreement, or IRMA, we're agreed with the federal government to cost share it for another year. I think I've covered all this. I may have missed one or two, but I don't think so.
With the whole issue of the Northern Accord or the IGF, it's the responsibility of Aboriginal Affairs. RWED may play a role in it in terms of advising and taking direction. Thank you.