Thank you, Madam Chair. When we divided the department, we had some pretty good discussion around this area. I have indicated that we think after a year on now, it is time for review. We have proposed to come back to committee to discuss the roles and mandates of ITI and ENR in this area. I know Member Lafferty also raised the question earlier around adequacy and whether or not our programs keep pace, given the high cost of fuel and other things. That is all part of the discussion we need to have with committee. I look forward to that.
I would say that the money shows up in our budget. Many of these initiatives like the Mackenzie Valley genuine fur program we think is economic development. We want to make sure that we work hard to promote a program like that. We've seen a lot of recent success. Some of it, of course, due to the prices that are being fetched at recent auction which, I don't know if Members are aware, but it has been quite amazing. It is much higher than it was in the 1990s. That bodes very well for our trappers going forward. So we think it is economic development, but there is no doubt that the best people on the ground to be working with our trappers are the renewable resource officers. They are on the ground in the communities working with our trappers. That will continue to be the arrangement. I think we can have some discussion around this.
Just a little bit of an interesting note for Members, I am not sure if they know, but the last North Bay auction on February 20th, marten is kind of our bellwether and the one that we watch very closely because we are seeing a lot of marten come out of the Northwest Territories. The average price is $110. It was a high of $270 at that auction, so that is quite a significant price for marten; quite an improvement from past years. We are very optimistic that the work that we are doing with our trappers will pay off here. It is nice to see this starting to come through and starting to see our furs fetch such high prices. Thank you.