Mr. Speaker, the fact that the Government of the Northwest Territories would backstop this project has been known from the early days of the fact that the act was being discussed. That is why an act was put in place, because under existing processes, it would be very difficult to deal with a project of this nature. The fact that we're trying to get P3 money from the federal government, to try to help this project along….

We realize, and I would be negligent in my duty if, looking at the numbers, standing up and giving the message to the people of the Territories, “We're going to have to live within our means.” Look at this project. Those numbers have been available. We know that it’s in the neighbourhood of $4 million, when you take the ferry crossing, ice crossing, and the additional amount that was made public, to carry on above and beyond the tolls that are established. That is something that would be looked at.

The fact is that the majority of vehicles coming across that bridge would be from industry, and they would be paying their share through this process. If we didn't have this process, then we would be looking at trying to fund it internally from what we have. In that case, we would have to compete with the rest of the projects in the Territories. Thank you.