Thank you, Mr. Chairman. I was with Mr. Moses when we met with the Norwegian ambassador and it was the first time I’ve had the opportunity to sit across from a representative of the country that does have a trillion dollar offshore Heritage Fund, Sovereign Wealth Fund that has continued to grow and that reflects their extremely prudent fiscal management and it shows you what’s possible. So I share the Member’s comments that, if we look back far enough, at some point they started with a small pot and nurtured it carefully. So, we have a model that we continue to look to.

As well, I appreciate the Member’s comment and support on the fibre link.

The debt ceiling, we are still looking to get that sorted out, hopefully by April, so that we can in fact make some adjustments to short-term debt. We ramped that up during the course of the year. We go in and out. We tend to put it back to zero on April 1st but then the pressures, because of our

spending patterns, tend to push us back into the short-term debt and we do need to have, just from a good management sense, a high enough number that it would allow us to adjust to these unanticipated expenses. The long-term borrowing limit at issue will be with the Prime Minister and the Premier and we are looking to a resolution of that, hopefully by April.

The Program Review Office makes the case again that an organization, a corporation, a government that has almost a $2 billion budget needs to have the capacity to do the kind of reviews that we are putting to the Program Review Office to get done. It’s a small office. I think it’s four staff. They do a good amount of work, but the Member hit on the challenge, which is they come up with work and recommendations and it’s up to us as a government, Legislature, to look at those recommendations. For improvements, often those are difficult choices to be made and, as we now know, we’re in a circumstance where we are going to be faced with difficult decisions on an ongoing basis.

Once again, I appreciate the comment on the Comptroller General’s office. We’ve made a commitment to the Auditor General a number of

years ago that we were going to apply ourselves and make sure that there was compliance with those dates and get rid of as much of the slippage as possible in terms of having their budgets and accounts available for the public for a review process. They’ve done a lot of hard work with all their respective agencies and departments, so we appreciate those comments and it’s something that we are going to pay attention to. Thank you.