Thank you, Mr. Chair, and I'm just going to jump right into my honourable friend's -- or follow up on my honourable friend's comments.
The concern I hear from constituents who are business owners is that in some cases there are companies that have been grandfathered into BIP that are no longer 100 per cent northern-based, although they may have a portion of northern ownership. So are we taking that approach in evaluating BIP, if it's still meeting its objectives?
If you have a company that is owned by, let's say, a European holding corporation but still has a branch in the Northwest Territories that is on a preferred procurement list, is that really what we were trying to achieve with BIP in the first place and are we evaluating it along those lines? Thank you, Mr. Chairman.