Thank you, Mr. Speaker. My questions today are for the Minister responsible for the Power Corporation, and they are with regard to the future development of mines in the territory, and in particular in the North Slave region.
Mr. Speaker, we know that energy is, of course, one of the largest costs to running a mine. Hard rock mines, in particular, use nearly twice the energy that diamond mines do, but at the same time we are trying to attract global investment to come here. We know that other jurisdictions around the country have power and energy at a fraction of the cost of what we can charge here.
The Yellowknife area, for example, is 37 cents a kilowatt hour. Other regions, it is 8 cents a kilowatt hour. I would like to ask the Minister: what is the Minister going to do to make the cost of power in the NWT competitive in the world marketplace? Thank you, Mr. Speaker.