Thank you, Mr. Speaker. I, too, will be supporting the bill, reluctantly, but I think that we have no other choice in the matter. Regardless, we would have to pay $165 million over 35 years. It is just that we are going to basically have to refinance this thing in a different manner and we will get the major piece of infrastructure completed. I think also that we do have to learn from this event and I think, if anything, in some cases, hopefully that we do get the answer back from the federal Finance Minister hopefully sooner than later so we have an answer by the time we next sit. I think it is important that we do get that commitment in writing from the federal government so that we can get some comfort that it is not going to have a direct implication on our borrowing limit.

I think also in regards to my colleagues in other regions in the Territories, we also would like to be able to look at some other infrastructure, regardless if it is the Peel River Bridge or the Liard or the Bear. I think that we have to be respective of the groups in Fort Providence who are taking on this challenge and also that doing the work that basically will set the precedent going forward. Yes, it didn’t turn out the way that we would like, but I think that they also realize that there are obstacles in doing anything new.

I think the problem that we now realize is that there is a way to build infrastructure in the Northwest Territories. If that means the cost of the operational cost of the ferry operations, the ice roads, the maintenance costs and a couple of million dollars of public investment, we can build infrastructure over a period of time, pay it out over 35 or 40 years. I think that is the approach we are going to have to consider going forward.

My colleague from the Sahtu states that we do have some major infrastructure we are considering such as the Mackenzie Highway, which is a $1.8 billion project. I think that is going to be a bigger challenge from a territorial perspective and also from the logistical challenges from that major project. I think that with the pipeline and that, we have a lot of big projects on the rise.

With that, I will be supporting the motion. Again, with reluctance but, more importantly, with some comfort from the federal Finance Minister and something in writing that states that we will be able to avoid having this on our books by way of our borrowing limit. Thank you.