Thank you, Mr. Chairman. If the Member is suggesting that we add an additional person to this shop then I would look at that, if they're willing to approve that. In fact, there are three positions within the macroeconomic policy unit. The fact is we will be fully staffed by the end of this month and that work will begin in earnest. The fact is, as a government, when you take specifically out of the existing spending we do of $1.2 billion, and say this should only be focused on any new initiatives, in that light it would be difficult to justify. I say if we can spend $100,000 and bring in $10 million, that's a good investment. But the fact is we have to look at how we spend the $1.2 billion. We can't just take for a fact that it gets spent; it's part of forced growth every year. Is it the best thing we're doing with that dollar? Is it the fact that over 60 percent of our budget is on the social side of the scale? Should we do more preventative maintenance, or preventative expenditures and looking at our programming? Those are things that need to be looked at.
Ultimately, 20 years ago or 12 years ago even, this was looked at. As I mentioned, in the 12th Assembly there was some discussion about having this put in place. At that point, probably a little less because when you looked at it,
as the Premier answered the question in the House earlier today, back then there may have been $12 million in royalties going out of the Northwest Territories; we are now $244 million. When you looked at our corporate taxes, I recall back in 1999, the estimate back then for the next year's budget we may have had $7 to $9 million in corporate taxes overall for the Northwest Territories. We are now hitting the $70 to $80 million bracket on a regular basis. So those things have to come into play as how we do this. Just prudent planning to make sure as we look at spending dollars that this government brings in, whether it's transfer payments or own-source revenues, it's how we spend that money. Is it the best value we are getting and should we put more into the environment? Should we put more into pro development? Should we put more into the social programs we have as a government? So those are all pieces that have to fit in there. As I say, as we develop this policy and continue to move forward on this, it's going to be a matter of how we, as a government, invest those dollars to get the best results. Thank you.