Thank you, Mr. Chair. Mr. Chair, it's -- I'm always happy when someone is referencing the fiscal responsibility policy, but I don't know that that's -- that policy's really meant to guide the development of the fiscal strategy and the fiscal stewardship on the operations side yet not necessarily in the same way as it applies here, although I know that may be something to look at for the future into how they intersect one with the other. But as far as the three big projects, they are each at different stages and they do each have slightly different obviously sort of end goal benefits.
Fundamentally, all three are opportunities to see a catch-up in the scale of infrastructure that exists in the Northwest Territories, particularly in terms of transportation infrastructure. The Mackenzie Valley Highway at this point, as is spoken of quite frequently, is a critical corridor up the -- you know, up a part of Canada that is right now thoroughly underserviced in terms of the transportation network. It's already in EA. We are working very hard to make sure that there is no delay, that -- certainly from our end on that EA process and expect it out next year with then the ability to proceed according to what the board may dictate and move forward with a design and a procurement process -- or rather regulatory process and then design procurement. So that's where that one's at. It's at a very different point. With that in hand, we can go and get final dollars hopefully from the federal government to support its building.
The Taltson project's a little different in that we are but one member. That is being led by all of the Indigenous governments who are in the watershed region. The GNWT's one number of that group. That project will advance as a group. It's not expected to advance with the GNWT alone, and it certainly wouldn't advance without support from the federal government financially. But it is different, again, in that it's advancing step by step with that entire group, so multiple MOU partners sitting together. And it is on the side of the energy infrastructure needs.
And then last but not least, of course, Slave Geologic Province, Mr. Chair. Again, you know, noting again the complete lack of any roadways in this country connecting the south to the Arctic, and this is an opportunity to do so. The Nunavut government has reinvigorated their work on creating a report and hoping to see it connect down into our territory. But that is for this one off out of the three. But without continuing to make some progress to advance, we wind up in the situation we've been in for 30 years which is people talk about it, but nothing's actually studied and nothing's ready to go. So the funds we have here are really to -- for Taltson and -- or for -- rather for Slave Geologic gets to a point where we can make an actual decision where we know what the project would look like, where it would be, who would be interested, and who might contribute. But right now, without that, we just keep talking about the lack of infrastructure. Thank you.