Mr. Speaker, the submission of the Mackenzie Valley Highway Developers Assessment Report to this Mackenzie Valley Review Board is the next major milestone for this project and will trigger the board's environmental assessment process.
We are anticipating the board requiring the full allotment of time available to them to complete the EA which will see a final report of the environmental assessment to be submitted to responsible Ministers for a decision in late 2024.
Provided this project is given the go ahead, an additional year would likely be required to gain all the necessary regulatory authorization and permits so we can start construction.
As previously mentioned, between now and then, a revised construction cost estimate needs to be developed and construction funding secured. Thank you, Mr. Speaker.