Thank you, Mr. Speaker. Yes, I can provide more detail. Mr. Speaker, as we've said before, there were six outstanding items between ourselves and the federal government and I won't go through each of them, but I will say that there are only two that are still outstanding. One has to do with the issues around net fiscal benefit. The other one has to do with the amount of money that would be transferred when federal employees and services are transferred to GNWT.

Mr. Speaker, in the case of net fiscal benefit, we are not going to accept a bad deal. We'd sooner have no deal. The Prime Minister has committed that northerners must be the primary beneficiaries of resource development. We take him at his word on that and we have included, in the draft agreement-in-principle, those words. The negotiators didn't want to have those words in. They wanted to leave us to negotiate a cap on our net fiscal benefit. That doesn't make us very comfortable. I think we have made some progress in having their negotiator agree to put the words back into the agreement-in-principle, but the negotiator is briefing the responsible Minister I think this week, but possibly next week. That was one issue. We are not going to accept anything less than a good deal for the North.

Mr. Speaker, the second issue was around a base transfer. That one is a fairly small one to resolve, in my mind. It may need a political solution and I intend to try to achieve that with that situation. Mr. Speaker, that one, we're only a few million dollars apart. The federal negotiators seem to believe that they have reached the maximum in their mandate and they're asking to go back and talk with the Minister responsible.

So, Mr. Speaker, those are the two issues. A base transfer, the amount of money, which is not a huge amount in the bigger scale of things, and second is on net fiscal benefit where we're not ready to accept a deal that puts a cap on what we will receive. Thank you, Mr. Speaker.