Thank you, Mr. Speaker. As I’ve indicated previously, the Town of Hay River has initiated a public process through a motion in their council on Monday for a public process to renew their franchise, and we, the Power Corporation, are going to submit a bid sometime before the call for proposals closes on July 3, 2015.

I would also point out that the Power Corporation is a Crown corporation owned by every man, woman and child in the Northwest Territories. We, in effect, have about 42,000 shareholders, and about half of those shareholders are Aboriginal, and about over 3,000 of them live in Hay River, and they have expressed a very strong interest to have a public process to see if they can deal with the cost of power, the cost of living. This is not about ATCO. This is about the people of Hay River and the high cost of living that they’re trying to come to grips with.