Thank you, Mr. Speaker. I think the Northwest Territories has been in the enviable position where it’s been sheltered more than other jurisdictions from the volatility of the national and world economies, especially since our gross domestic product has been consistently strong over the past ten years.

But as a government we’ve introduced some new initiatives. Most recently we’re just in the process of

rolling out the SEED Policy, the Strategic Entrepreneurial and Economic Development Program which is geared to levels 2 and 3 communities. We are investing $2.5 million that’s now available under this new policy. The approach we’re taking as a government is to focus on developing an economy in every community. We’re working very hard on that, and we think we’ve been successful in the Nunakput region.