The issue of the Mackenzie Valley Highway has been on the drawing board, has been on the radar screen for many, many years and with many governments. This is the furthest we’ve moved it with the partnership with the federal government in the history of the development of this road, I think since the last stretch was constructed. The 16th Assembly
has been able to secure some funding to do the PDR and I think that is going to provide some of the backup information that maybe was missing. We’ll be able to put a very good business case together to bring it forward.
We are also securing dollars to do a study on infrastructure projects that could fit, how could we make them fit with the concept of P3. Right now, there are no projects under the Mackenzie Valley road for P3 consideration. There is no revenue source. The traffic volumes are just not there to be able to pay for a large piece of infrastructure, or even a portion of it, through tolls or through fees of that nature. It would take somebody to pay for it first and then recover our costs, and you’re not going to attract a partner that would do that unless there’s an ability to recover that through revenues. That’s something that has to be looked at, and we plan to do that with these new dollars once we get approval from the federal government.