Thank you, Mr. Speaker. The issue of a heritage fund has been now around the Legislature since at least the 15th Assembly. We’ve raised this issue. I raised it at the round table. It was raised in my fiscal overview of the government. Work is underway to come forward with a discussion paper to lay out some of the options for a heritage fund that would be, I would suggest, set up by statute, by legislation. There are some very strong models to look at. We have the Norway model. We have the Alaska model. We
looked at what Alberta has done. Pick the best and come forward with a discussion paper.
Clearly, there’s a recognition that we have to start saving for the future. We have to think past the life of each particular Assembly. If all of us had gone through our working lives without having forced savings, when it came time to retire, we would have no pensions, because we’d have spent every cent we have today. We have to think of our grandchildren and future generations. This government is very interested in working with the Assembly to come forward with what would be a good model for the Northwest Territories.