Thank you, Mr. Speaker. The Low Carbon Economy Leadership Fund is intended to support provinces and territories that take action on climate change and reduce energy use and increase clean economic growth. Now, the federal government in our announcement that we did here a couple of weeks ago was they gave us $23 million, and we're complementing it with $7.4 million from the GNWT coffers. This investment will help enhance the existing Arctic Energy Alliance programs and services and the creation of new programs within that umbrella, including making energy upgrades more accessible to low-income-owner-occupied homes. Funding will also be used to retrofit Marine Transportation Service vessels and ferries to make them more efficient, and to support reforestation in the NWT to help in our quest for carbon neutrality.

Lastly, the funding will be used to support our new government greenhouse gas grant program for the development of community-based emissions reduction projects. I will note that, under this allocation, our allocation is $31 million, and the Government of Canada is currently considering our proposal for $8 million to set up a grant to target larger buildings and industrial greenhouse emissions. Thank you, Mr. Speaker.