Our goal and objective is to grow the capacity to regulate the oil and gas industry here in the Northwest Territories by residents of the Northwest Territories. We do not have the capacity. That’s why we’re reaching out to both the National Energy Board and the Alberta Energy Regulator and we’re also looking at the possibility of some work with the BC Oil and Gas Commission as well. We need to bring that expertise to bear come April 1st and we are setting
the wheels in motion to allow us to do that.
I take some issue with the Member’s concerns about the regulator in Alberta. They do have 75 years of experience regulating the industry in Alberta. We have confidence that they have the technical and professional expertise available to us
to allow us to continue to regulate the oil and gas industry here in the Northwest Territories.
For the activity that is currently underway, we have a transitional agreement with the National Energy Board to allow us, again, to see a seamless transition as possible into the new regime, which will see the oil and gas regulatory system be taken care of by the Government of the Northwest Territories on behalf of the people of the Northwest Territories. Thank you.