Mr. Speaker, my fear, again, is that we don’t have — and I know the previous government got rid of it — the Diamond Division at ITI. I’m not sure exactly why that happened. Here we are on the verge of other jurisdictions developing mines, and we need to review where we’re going with diamonds and with diamond mining in the Northwest Territories. Again, I don’t understand why we can’t get that 10 per cent and then divvy it up amongst local cut-and-polish plants here in Yellowknife, and we could also open up a diamond exchange.

Once you have the diamonds, people will come. There are examples of this across the world: New York, Tel Aviv, Antwerp, London. If we don’t do this, it’s going to end up in Toronto, and that would be a shame. If there is a diamond exchange in Canada, it belongs here in the Northwest Territories.