Thank you, Mr. Speaker. It's a very complex process, but I'll try to be brief. First of all, devolution means the transfer of responsibility for land and resources from the federal government to the territorial and aboriginal governments. It is a trilateral process now, meaning there's a three-way negotiation between the Aboriginal Summit representing the aboriginal governments, our government and the federal government. So it's a process that if successful would mean that between ourselves and aboriginal governments we would have the same authority and responsibility as does a province.

On the resource revenue sharing side, then that side is critical to devolution as well, because we do not want to take on responsibility for land and resources and programs and services that come with it without having the dollars to go along to be able to pay for it. So we don't want a situation, Mr. Speaker, where we have the responsibility, but the revenues still flow to the federal government without us getting a fair share that results in a fiscal benefit. So that is being negotiated at the same time. Not only is it complicated as a trilateral process between three parties, it's also complicated because devolution is handled by the Department of Indian and Northern Affairs and resource revenue sharing is handled by Finance. Given the size of the federal government, it's like dealing with two different governments in many ways. I hope with the new federal government we're able to bring some coordination between the federal Department of Finance and Department of Indian and Northern Affairs so that we can talk about devolution and resource revenue sharing in one process.

Mr. Speaker, I hope that gives an overview, but it's complicated. I know a lot of the public don't really understand what devolution means. The bottom line to me is that devolution of resources and lands and the resource revenue sharing means that we as northerners are able then to make decisions that affect our lives. We won't have someone in Ottawa licensing a mine or heading up an environmental review process. That will be our responsibility. We'll be the ones who decide our own future here. That's what we want, the same as do the aboriginal governments. Thank you, Mr. Speaker.