Thank you, Mr. Speaker. My questions today are addressed to the Minister of Lands. I’d like to follow up on his statement about establishment of the liabilities and financial assurances division.

Some questions have been asked already by other Members about security for development in the NWT. I’d like to ask the Minister first, in general, does the department have an approach, do they have a policy in regard to the value of security that is required for development? Is the security required equal to the value of the remediation or is it a percentage of the value of remediation? Thank you.