Mr.

Speaker, I look forward to

working with the Minister and the department on developing the strategy and reviewing the policies that are out there.

Yes, we are third in the world in terms of production. I was a city councillor here in Yellowknife in the late ’90s, when the gold mining was falling out and the diamond mines came in. Diamond mining does add a tremendous amount to the economy here in the Northwest Territories. We can’t underestimate that, but I do believe we should be getting and receiving more. The federal

government doesn’t want to come to the plate in terms of resource revenue sharing.

The next question I’d like to ask the Minister is: if the federal government isn’t going to address resource revenue sharing, will the government entertain an effort to take an equity position in resource development, specifically in diamond mining?