Thank you, Mr. Speaker. Sustainable economic development is a priority for the Government of the Northwest Territories. With devolution, as the Member points out, our Government of the Northwest Territories is taking on a greater role in creating our future and guiding the Northwest Territories economy. We strive for balanced development where we have development while protecting the environment.
In the North the regulatory system flows from land claim agreements with land and water boards, with representatives of the federal, territorial and Aboriginal governments tasked with making decisions on behalf of Northwest Territories residents.
As we’ve said many times, we will be coming out with draft regulations that will deal with oil and gas that will be available for public input and it will be circulated widely. Thank you, Mr. Speaker.