Thank you, Madam Chair. There was a debate about where the Opportunities Fund would be accounted for, under our borrowing limit or not. That was an issue that was ongoing. At the same time we initiated the requests initially as a territory and then with all the

other two territories and got the Minister of Finance to agree to a review of the territorial borrowing limits of all three territories. Our particular circumstances were such that the Opportunities Fund that we have, Yukon – and I don’t think Nunavut had it – was being perceived by the federal government in their opinion should have been under our borrowing limit, which would have clearly exceeded that ability in that level. So as we had the discussion, they indicated in their negotiations with us that they would not be increasing the borrowing limit to accommodate the additional $125 million. So it would be we had a choice, and the choice was wrap up the Opportunities Fund and deal strictly with the negotiations for the borrowing limit, recognizing that, yes, there was a cost, as Mr. Dolynny indicated from Range Lake, that we lost access to lend ourselves money at a very cheap rate. The longer-term benefit was, as we move down the road to devolution and as we move down the road to having to deal with these fiscal constraints that we’ve been dealing with now, that the borrowing limit will give us more flexibility in dealing with the infrastructure issues and some of the other anticipated expenses that we didn’t currently have prior to the borrowing limit being increased.