Thank you. As the Member may know, the offshore in the Beaufort has very significant resource potential in the area of oil and gas and this is an area that has been identified for negotiation. It was part of the oil and gas negotiations of devolution. There as a trigger in the devolution agreement that six months after devolution came into place that the trigger would be pulled so that negotiations could start with the Government of Canada for management of the offshore in the Beaufort and also collection of royalties and the whole regulatory process. We have indicated in conjunction with the Inuvialuit, the Inuvialuit have had land claims for over 30 years and joint management of the Beaufort has been a very important priority for the Inuvialuit and they want to get on with it. We want to get on with it. We think at this juncture where there is no oil and gas activity going on in the Beaufort and very little likelihood of it returning in the near future that this is a good time to do those negotiations and get it done.