That is exactly what we are doing. As all Members of this House know, we have been moving forward with the Mineral Resource Act since devolution. We want to make this a leading-edge made-in-the-North act that will benefit all Northerners, and in discussions with the intergovernmental council, it was decided that this needs a very detailed comprehensive review of royalty side of things. This is the legislation that we inherited from the federal government. The last time I believe it was updated when it was in their hands was in 2007-2008 roughly. My understanding is most jurisdictions do a 10-year review, but that is not saying that is what we are going to do. We have already said that we want to have a review of this, just that we have separated it out from the Mineral Resource Act, and it has to have its own separate conversation with all residents in industry in the Northwest Territories.
Wally Schumann on Question 74-18(3): Resource Royalties
In the Legislative Assembly on February 9th, 2018. See this statement in context.
Question 74-18(3): Resource Royalties
Oral Questions
February 8th, 2018
See context to find out what was said next.