Thank you, Madam Speaker. I think there is a sort of general rule that I am not supposed to run down the clock, but I could easily talk about the resource sector for 20 minutes. I won't do that, Madam Speaker. The mineral resource sector is, I would say continues to be, extremely important. It's still the foundation of the economy here from the private sector and will continue to be for the foreseeable future.
There are quite a number of things that are happening right now in the Department of ITI to support that sector. For example, there have been quite a number of active conversations just in the last several weeks with federal counterparts as well as with the territorial Ministers also responsible. The territorial Ministers are all aligned that we need more geoscience in the North, for the North, and built in the North in order to actually help make our tremendous amount of resources accessible and to help make people aware of them around the world. There are a lot of conversations about critical minerals and strategic minerals. There is a task force that has been developed on a national level, and we want to have an active role in it to make sure that we are one of the jurisdictions where critical minerals and strategic minerals have a real place.
There is obviously, as well, remediation, Madam Speaker. There is a huge amount of funding that was announced for some of the provinces in that regard, but it's an area where we have a number of shovel-ready projects. Hopefully, we will be able to participate with that area of funding. As a part of COVID-19, there has been a working group developed with the Chamber of Mines, and we are continuing to work with them to identify whether there are gaps in areas where we can help provide more direct relief.
Another major area, I am happy to speak about it here, is with respect to regional mineral development strategies. This is where funding is provided directly to Indigenous governments for them to develop their own regional strategies. This is such a tremendous opportunity for regional development and for strategies that are really meaningful for each region of the Northwest Territories that can then feed into a bigger strategy. I think that is a good overview, Madam Speaker, and I am sure there will be more questions so that I can speak to more things. Thank you, Madam Speaker.