Thank you, Mr. Speaker. Mr. Speaker, we recognize that the last substantial update to this policy was more than 20 years ago, as the Member probably already knows, and also note that there were concerns that were raised with the policy that is related to the procurement of the leases. So the GNWT, as we all are aware, is going through a procurement review, and we have recommended that the procurement of these leases be included as part of the overall review.

The results of the procurement review should also inform any proposed changes to the policy in order to align the principles of northern business development. And I also want to note that in recent discussions with the NWT Indigenous Economic Coalition, Infrastructure did commit to reviewing its existing leases with the Indigenous development corporations and also to bring forward a proposal to Executive Council because that is the process that we -- you know, we have to go to Executive Council in support of stability and economic growth across the territory to have a look at some of these leases. Thank you, Mr. Speaker.