Thank you, Mr. Chair. The challenge that the Prime Minister has is that the O'Brien report that looks at fiscal imbalance across Canada including equalization, formula financing and resource revenue sharing, makes some recommendations, basically the ones we are interested in, on resource revenue sharing; that is, 50 percent come to the territories or the provinces and 50 percent stays in the federal government. Unfortunately, for the Prime Minister, five provinces are in favour of no resources being included in equalization or tied to the financing and five provinces are in favour of all of it being included. So it is a no-win situation that he faces. If he could deal with resource revenue sharing across the country, then he would also deal with it easily with the Northwest Territories. He is not saying there is no use negotiating any more, and nor am I. He is not saying throw in the towel and let's quit. What he told me is that it is not going to be included in this upcoming budget. That doesn't mean we stop negotiating. It means we continue negotiating and hopefully we can achieve some success in 2007-08 or soon toward, first of all, an agreement-in-principle and then, second, a final agreement. We don't even have an agreement-in-principle although four aboriginal governments are onside with us. We don't have an agreement-in-principle. That is the first step. I have set a target of the end of March for that. I have set that target before we knew when the budget would be. The Prime

Minister's position, as well, we haven't even got the agreement-in-principle yet, so I don't expect something in the budget in advance of making more progress on this. The federal government will continue to negotiate. They will negotiate hard. We have to negotiate hard. We have to get a good deal, not just any deal. Thank you, Mr. Chair.