Mr. Speaker, I move, seconded by the honourable Member from Hay River North, that Bill 15, Northwest Territories Indigenous-Led Conservation Fund Establishment Act, be read for the second time.

The proposed Northwest Territories Indigenous-Led Conservation Fund Establishment Act establishes a non-profit body corporate called the Our Land for the Future Trust. Our Land for the Future Trust will manage the initial $375 million fund and any future contributions in accordance with the Our Land For the Future agreement. The fund will be used to support Indigenous-led conservation, stewardship, and related economic diversification activities in the Northwest Territories, including the establishment and management of Indigenous protected and conserved areas. Thank you, Mr. Speaker.