Thank you, Mr. Chairman. I just want to say a few comments on MACA. I'm not a member of the GED, obviously, so I'm not familiar with a lot of the issues here, so I'll just keep it general. I have attended a number of conferences dealing with the New Deal and new fundings that MACA is working on on its own or in conjunction with the federal government. As well, I have had occasion to talk to some of the municipal leaders, and just now I've had a chance to look at the information that we have been provided here on the MACA budget. I recall my time when I used to be a GED member when the whole funding formula was revised. We were aware at the time that on balance, I think it was going to improve the funding regimes for most communities, but there were some that were going to see more changes than others. I think Fort Simpson, Hay River and possibly Yellowknife. Also, the pool of money available for water and sewer was not going to be working the same way. In looking at the tables we have here in the back, forecasting the capital funding that would go to communities, what you would notice is that proportionally speaking, the money that would go to Yellowknife is not anywhere near the demands of the big city that Yellowknife is. I understand that Yellowknife does have revenue coming from taxation, but I think if you would talk to anyone in the city, I think there is a limit to how much tax you can collect for the people to support the municipal projects. There are a number of projects and funding that the city is looking for that it's not able to have.
So I am just going to ask the Minister if he could give me an idea as to how, in balance, in combination of the New Deal and some of the changes that have been made on the funding structure for the last five years, how does Yellowknife fare in comparison to the old regime? I realize that's a general question, but maybe you could give me an idea as to what has changed. Thank you.