Thank you very much, Mr. Chair. Mr. Chair, you know, I think that I spent a tremendous amount of time in the last term actually looking up knowledge economy and trying to figure out what people actually meant. So I hear the Member in that kind of the piece in there about really it means something slightly different to everybody else, but my understanding of it is essentially a system where production of goods and services is based on research and innovation and development of product in our territory. And I think the really neat thing about the Northwest Territories is you're able to really even hone in on bridging our western and traditional sciences in that as well. So I think it's a pretty neat one here. But for more detail on our innovation action plan and our knowledge economy pieces, I'd like to pass to the deputy minister.