Thank you, Mr. Chair. We’re projecting that the cost of living tax credit will cost us about $21.9 million in ‘15-16. How that works is the cost of living tax credit was intended to rebate, and rebate completely as I mentioned earlier in my response to Member Dolynny, 100 percent. For lower income earners, the payroll tax, that gets applied to everybody. The GNWT makes a net gain on the payroll tax, but the idea was to provide a rebate to those residents who live in the NWT. The total is up to $966, depending on the income you make, and after you reach a certain threshold you don’t get any of that rebate back. For us to increase

it by $1,000 per taxpayer would cost us $1,000 times however many taxpayers we have in lost revenue. Thank you.