Thank you, Mr. Speaker. Mr. Speaker, we are constantly revising both the fiscal framework for the GNWT and revising the general outlook for the economy. We are doing that work, both the Department of Finance's responsible in terms of understanding our revenue forecast, you know, understanding our growth and our expenditures, the impacts of, you know, fuel costs, inflation, interest costs on us. I know that that work also happens at ITI in terms of understanding costs to business, understanding impacts, again for instance freight costs, transportation costs. And similarly, Mr. Speaker, I know that the Department of ECE is also continuously doing work, looking at the space in terms of the employment market and what might be happening. So there is always examinations happening.
Cost of living involves all of those things. Cost of living involves fuel costs, heating costs, transportation, the impacts on, you know, the market basket measures so it's a difficult one for me then to sort of turn around and say are we going to have measures to respond to it. Reducing the cost of living is already a mandate item.
We have done a mandate review just this week, updating the public on some of the work that is happening to try to achieve that goal. Thank you, Mr. Speaker.