Thank you, Member for Hay River South. I'm going to put this question out, but I think that we're straying away from the mains. So, one more round of this; thank you. Madam Premier.

Thank you, Madam Chair. There are a few different reasons, but the biggest reason that I understand is that some people, to this day still, believe that the GNWT has no place in any negotiations, and so therefore they refuse to sign on because they did not want the Government of the Northwest Territories to have any say in land and water issues. Thank you, Madam Chair.

Thank you, Madam Premier. Do you have any further questions for the Minister of Finance, Member for Hay River South?

No, that's all. Thank you, Madam Chair.

Thank you. Any further questions for the Minister of Finance on the Management Board Secretariat? Seeing none, I will call this page. Finance, Management Board Secretariat, operations expenditure summary, 2020-2021 Main Estimates, program details, $87,485,000. Does committee agree?

Thank you, committee. The next activity is Office of the Comptroller General, beginning on page 151. Are there Members who have questions on the Office of the Comptroller General? Member for Yellowknife North.

Thank you, Madam Chair. My question is to the just over $1 million we spend on the Internal Audit Bureau, something that I think sounds great. Are any of the audits conducted by the Internal Audit Bureau public?

Thank you, Member for Yellowknife North. Minister of Finance.

Madam Chair, they are not. Thank you.

Thank you, Minister. Member for Yellowknife North.

Thank you, Madam Chair. I believe I was well aware of that when I asked that question. Would the Minister be willing to share the reports or the work that the Internal Audit Bureau does with the appropriate standing committee?

Thank you, Member for Yellowknife North. Minister of Finance.

Madam Chair, I do recognize I think I've made a few commitments to various technical briefings today and, in the interests of making sure that that's done effectively, whether it's in conjunction with one of the others or whether it's on its own, we would certainly come back and better describe and explain the work of the Internal Audit Bureau, including appropriate examples of its work. I guess I'm hesitant to say that we would bring every audit done, but maybe I will work with the Member directly in advance of that briefing to ensure that what we bring forward provides enough information about the working of this division. Thank you, Madam Chair.

Thank you, Minister. Member for Yellowknife North.

Thank you, Madam Chair. I think it's clear I'm not going to get a commitment out of you, but once again I find myself, here I am, passing $1 million to an Internal Audit Bureau, and I have no idea what they do. I have no ability to ever see any reports that they produce. I have no ability to know if they're good work, and I guess that troubles me. I think that it's a larger issue of, simply, if we are auditing ourselves, why is that not public information? I'll leave that as a comment, Madam Chair.

Thank you, Member for Yellowknife North. Are there further questions on the Office of the Comptroller General? Seeing nothing further, I'm going to call the page. Finance, Office of the Comptroller General, operations expenditure summary, 2020-2021 Main Estimates, program detail, $73,169,000. Does the committee agree?

Thank you, committee. Committee, we have some information items following these areas. I'm on page 154; no, sorry. I'll go to page 155, Northwest Territories Heritage Fund. Are there questions on this information item? Member for Frame Lake.

Thanks, Madam Chair. Maybe I can start with there is a mandated 10-year review required of the Heritage Fund Act that is going to take place during the life of this Assembly. Can the Minister tell us what her department is doing to get ready for that review? Thanks, Madam Chair.

Thank you, Member for Frame Lake. Minister of Finance.

Thank you, Madam Chair. I apologize for the delay. At this point, significant planning has not begun for that review, but the good news with that is it gives an opportunity for the 19^th Assembly to be involved in the planning of the review, and we will be engaging with the committee as we do begin those preparations. Thank you, Madam Chair.

Thank you, Minister of Finance. Member for Frame Lake.

Thanks, Madam Chair. It came to light in the last Assembly that the money in the Heritage Fund was actually starting to lose value because of the very, very conservative investment policies that were requirements under the act and the regulations at the time. It was actually starting to lose money against inflation and had to be topped up, I think, if I remember correctly. Can the Minister tell us what's happened since? Is this still losing money against inflation? Thanks, Madam Chair.