The development assessment report that went in for environmental review is the business case to model we have used. They have asked for alternate routes. That information was provided. There has been an acceptance that that is the area that makes the best-case scenario for us. The adjustments that are being looked at are the result of the recent hearings that were held.
If Members want to see this change, then we would have to pull it back. There would be a full additional review done. That would delay anything there. That would run out of additional years of mine life. In some cases some of our older mines have limited life. That could potentially affect the go or no-go of a new mine.
Let’s talk about the best-case scenario for the people of the Northwest Territories. The diamond mines have brought to the Government of the Northwest Territories $1.1 billion in GDP. In a time when the economy was starting to severely wane because of the gold mines in shutdown mode and slowing down and the oil and gas was stagnant, it was purely on GNWT and transfers from Ottawa. Through the mining industry and the diamond mines in particular we have been able to shore that up and bring it up so that we’re one of the fastest growing jurisdictions in GDP across Canada.
With that in mind, our interest at this point, knowing that they are the game in town, in a sense, we need to ensure that we can supply them power, that they can extend their mine life so that GDP can continue to remain or grow instead of shrink.
Let’s talk about the power to the Slave Geological Province. We’re talking the potential to grow our northern economy in the area of 700 jobs. When you look at the construction of this facility, long-term revenues would accrue to the aboriginal governments and public sector shareholders, that being ourselves, in extending the mine life that grows our economy long term. Yes, we have to look at other areas. If we run the line around to the other sides and hook our communities up, then that falls into the PUB and the rate base. Those customers cannot afford that extension. It would have to be purely a government contribution outside of that PUB process. Then we’d be asking for the $100 million-plus if we go around the western side, for example.