Thank you, Mr. Chair. As the Minister stated and when we were talking about the O and M supp, he said that the fiscal framework and our numbers that we have around borrowing contemplated all these issues, and I mentioned cash in and cash out.

With respect to the Inuvik-Tuk highway specifically, if you look at the $40 million that’s proposed to be advanced along with the about $24 million in expenditures that they are planning on taking with the remainder of the fiscal year with the money that they already have in the budget, that money would be offset by just over $71 million in revenue from the Government of Canada for its share of the project. In total, when you look at what is contemplated between the O and M supp and the capital supp in addition to the other costs that I talked about, they come forward in the February/March budget session in terms of a supplementary appropriation, for a net impact of about $45 million in additional debt over that period of time from October 14th , when we are at $225

million, and at the end of March 31st . Thank you.