Thank you, Mr. Speaker. That is certainly our position. The federal government had sought to, as I had mentioned, have a policy committee in Ottawa to determine which projects could qualify for this money. We don't feel that is adequate. We feel those decisions need to be made in the North. We are prepared to defer the $10 million that would need to be spent this year in a very quick manner, we don't think effectively, probably, and talk about the $90 million going forward. But that would be based on decisions made in the Northwest Territories for the Northwest Territories, and likewise for Nunavut and the Yukon.

I think the longer-term solution here is a northern economic development agency much the same as Western Economic Diversification or Atlantic Opportunities. We've been pushing that and the federal Minister, Minister Ethel Blondin-Andrew, certainly seems to like the idea as well. Having said that, we don't want to see this $90 million held up as we work towards the formalization of such an organization. So we think that a northern economic development agency is a long-term solution for the $90 million over the next few years. We want to see those decisions made in the respective territories. Thank you.