Thank you, Mr. Speaker. We are obviously very much looking forward to devolution, because as we’ve said many times, it will bring control and decision-making into our hands. Obviously, energy and our hydro development are first and foremost in our minds. We’ve been working very hard in putting together our Energy Plan, and also our NWT Power Corporation is working on a Hydro Development Strategy that we hope to be rolling out very soon.

When the Prime Minister was in Hay River I talked to him very specifically about hydro development and about the fact that even with devolution we still will be hampered or hamstrung by a borrowing limit imposed on our government. In order to be able to achieve our lofty visions of increasing our transmission lines, tying in all of our hydro energy together, we need to find a way so that the borrowing limit is not a hindrance. We’re so confident in our plans and our vision that we think we can do it using our own resources, as long as we’re not restricted.

Minister Miltenberger was in Hay River last week when he was doing a tour on how resource revenues would be spent, and he talked about it at that time. So we’re very bullish. We think hydro is a very good investment, especially developing the Taltson to its full potential. Thank you, Mr. Speaker.