On a couple of items that the Member has mentioned, he would be familiar since he was one of the negotiators both at the Gwich’in table and the Sahtu table that looked at that one-third ownership of the federal government in the Norman Wells oilfield. In fact, it was the Sahtu that agreed with an out-of-court settlement on that one-third ownership that has sort of set the stage for us.
We have continued, even in the initial discussions around Norman Wells, that that should be a part of the package. We continue to push that forward and would do so during the negotiations phase.
As for the 5 percent cap, let’s be really clear here, the 5 percent cap is not a piece of the agreement-in-principle. In fact, the 5 percent cap is involved in the formula financing big picture. All jurisdictions face some form of a cap.
The three territories are treated somewhat differently in trying to mirror the cap on equalization. That formula financing agreement is up for renewal every five years and we continue to address that through those discussions.