Mr. Speaker, I have a return to a written question asked by Ms. Lee on October 23, 2006, regarding the GNWT's analysis of Alternative North's Mackenzie gas project assessment.
The GNWT has conducted a review of the study and has determined that there were several errors in the model used, which had significant impacts on the results. Because of errors contained in the model, the study overestimates the potential revenue derived from the project. Alternatives North publicly acknowledged these errors during the November 7, 2006, session of the Joint Review Panel in Yellowknife.
While the GNWT will consider all pertinent information with respect to its discussions with the federal government on resource revenue sharing and devolution, it will continue to rely on the Wright Mansell report as the principle assessment of the economic impacts of the Mackenzie Valley gas pipeline.