Thank you, Mr. Speaker. If you go by the logic that the Minister uses on power rates and if we wait three years can residents in the Northwest Territories...Let’s say oil stays at $40 a barrel. Will residents three years from now see a 30 percent to 40 percent decrease in their power rates? I don’t think so. Like I said, we run the Power Corporation. The people of the Northwest Territories own that power corporation and if we’re not going to do anything about it, nobody is.

I’d like to ask the Minister if he will instruct the NWT Power Corporation to cease these bonuses that are paid to their senior staff and roll rates back now that oil’s at $40 a barrel.