Mr. Speaker, we have also committed to working to diversify our resource mix by developing a long-term strategy for oil and gas in our territory. We have delivered, releasing our Petroleum Resources Strategy with two key outcomes in mind: local benefits, like heating and power generation; and a healthy export market in the future. We have made progress since.
I am pleased to see the Inuvialuit Regional Corporation defining a way forward for their regional natural gas heat and electricity initiative, which has a vision to provide reliable, affordable energy in the area. Our government has supported this project since its conception and looks forward to exciting things in the future. We have also received positive feedback from the global industry as we tell a new story about future of our territory's export natural gas sector.
Mr. Speaker, as this government's tenure draws to a close, I can say with confidence that we have laid the groundwork for the future governments to achieve even more. I am proud of the actions that we have taken to build a broad, diverse economy for the benefit of all Northwest Territories residents and conclude this Assembly feeling positive about our territory's economic future. Thank you, Mr. Speaker.