Thank you, Madam Chair. I have a number of questions here. I’m trying to understand some of the implications, I think, of the wording in the act. I’d like to start with the change of language from the Canada Petroleum Resources Act to the NWT act and the change from the Canada act to the NWT act is that the National Energy Board is the regulator for the Canadian act, or the federal act, and then in the territorial legislation anywhere where NEB is referenced, it’s changed to the regulator and we know that that regulator is the Ministry of Industry, Tourism and Investment. Within the Inuvialuit Settlement Region the NEB will continue to act as regulator.
So I have two questions. Why did we not continue to use the NEB as a regulator within this territorial act, particularly when the NEB remains the regulatory for the Inuvialuit Settlement Region? So, what’s the rationale for going to a different regulator for most of the NWT, but keeping the NEB for the ISR? Thank you.