When we released our planned approach in July of 2018, we also released the results of the engagement process. A lot of the background material is available on the Department of Finance website. We did share what the analysis of the federal backstop would be, and we know that it was going to cost residents of the Northwest Territories a lot more had we just gone and used their backstop.

It is noteworthy that the federal approach to offset in other provinces where the federal backstop is being used is quite similar to what we announced in July. Thank you, Mr. Speaker.