When we looked at this, the big part of the improvement fees and landing fees for the Yellowknife Airport is to help turn around the operating costs of running the airport. We presently subsidize the airport by $4 million annually, which comes out of general revenue that could help support other initiatives in this House that we believe that we need to move forward; but the big thing with introducing this revolving fund to the Yellowknife Airport, it's also the largest airport in the Northwest Territories. It has 58,000 flights a year that land and come and go from this airport. There are a half a million people who go through the airport every year. So there is a possibility to raise substantial revenue that would help offset that $4 million, but also generate revenue where we would not have to subsidize the Yellowknife Airport.

With that being said, though, we can move on with having that additional revenue to create other opportunities at the Yellowknife Airport that would increase potential: more traffic through the Yellowknife Airport through direct flights from Asian countries as such; business opportunities. We've had a number of people approach the department already about the opportunities that lie ahead with us implementing this revolving fund and be able to improve the full facility of the airport from parking to making the terminal larger, to make it easier for security clearances so people aren't lined up all the way to the north end of the building, and these types of factors. So I believe as the Minister of Transportation that bringing the revolving fund forward for this airport is going to bring nothing but good for the Yellowknife Airport and the people of the Northwest Territories. Thank you, Mr. Speaker.