Mr. Speaker, let me first say that the report that the Member is referring to is a broad report on the benefits of hydro power and the viability and the potential in the Northwest Territories. There is no stronger advocate of that than myself and our government. The studies I am referring to are specific to the Taltson project. We need to have lot more information there.
Mr. Speaker, as soon as we have the information that is necessary over the next few months, we intend to enter into, what we call, firm power purchase agreements with the mines. Before we do that, we have to make sure that we are not selling our future away for half its value, or that we are not entering into something that we cannot deliver on. We have to do this basic background work first, but the intention is to enter into the memorandum of intent with the aboriginal partners, then enter into firm purchase power agreements with the mines and, of course, do the environmental and engineering work, as well.
Mr. Speaker, we are working on this. It may seem as though little is happening, but there is a lot happening in the back rooms in getting this project underway. Thank you, Mr. Speaker.