Thank you, Mr. Speaker. Mr. Speaker, the full financial impacts of this pandemic aren't known at this time. What we do know, as the Member stated, that there's been some sectors that have been particularly hit hard, such as the tourism and the hospitality sectors. But there's reason to be optimistic.

We do expect that there's a pent-up demand from Canadians and international travellers to come see the North. So as restrictions are eased, we're expecting our tourism industry to pick up again. And one area of financial impact that we don't really know, and we're seeing lately, is the extension and duration of the inflationary pressures caused by disrupted supply chains and high demands, particularly for the construction industry. Many jurisdictions around the world are trying to stimulate their own economies through infrastructure investments. So this is going to impact us. So we'll be making our best assessments on these pressures and adjusting our own plans accordingly as we go forward.

But should residents be worried? That's what I think the Speaker wants to hear.

I'm really optimistic that no, I'm optimistic that we'll continue to work with our partners and engage the industry in ways that will further promote our economic recovery. There's encouraging signs that people want to travel again. They want to spend money in hotels and restaurants again, and they want to get back to a new sense of normalcy with residents where they can mingle, and they can invest, and businesses can once again thrive. So I am optimistic, Mr. Speaker, that things will improve. Thank you.