Thank you, Mr. Speaker. My questions today are addressed to the Minister of Finance. I would like to thank the Minister at the outset for the fiscal and economic update that he provided us today, but I have a few questions with regard to some of the statements in his statement.

Initially, my first question goes to the announcement that BHP Billiton made recently that they plan to invest, along with partners, some $323 million in the NWT in the Ekati Diamond Mine as they go to expanding one of their pipes. I think that’s great news. Initially, I thought that was wonderful, we’re spending an awful lot of money here. I’d like to ask the Finance Minister if I could get an expression or an indication from him for the bottom line, because we know very well that once a mine spends money, that they then can claim it back and get 100 percent reduction on their taxes.

So what kind of an impact is this investment by Ekati going to have on our revenues? Thank you.