Thank you, Mr. Speaker. This shortage of oil was forecast, but it’s happening now.

Mr. Speaker, both of these issues are upon us. The 16th Legislative Assembly of the Northwest

Territories will decide our future. The opportunity, the responsibility, the requirement for immediate, comprehensive and effective action is ours. In light of the facts and today’s communications, we cannot deny that we are fully aware of these issues. History will record our response to these critical challenges. The time for action is now. Mahsi.