Thank you, Mr. Chair. Mr. Chair, some of my colleagues have said we've had some briefing notes from -- at the government operations committee on the heritage fund, and we've had some experts come in and kind of compare us to other funds, not only in Canada but from around the world, and certainly to only have a 24 percent equity, while it's -- I understand it's public funds and certainly we want to be fairly risk adverse, but I do think that, you know, from what we've heard that's a fairly low amount to be in equities and likely we could see our fund do a little better if we were to take a little of that risk off. So I guess my question would be for the Minister, is the department looking at that, looking at working with our investment manager, current or any other, to look at rebalancing that portfolio to maybe take on -- to be a little less risk adverse, to look at kind of increasing our -- increasing the amount we receive annually. Thank you.

Thank you. I'm going to go to the Minister.

Thank you, Mr. Chair. So the fund is actually -- this is a good time to ask that question, Mr. Chair. The Act does require a review by the Assembly every ten years, and this Assembly happens to be the 10-year review period, so this is exactly the work that needs to be undertaken. I believe committee is actually responsible for the review, so happy to be part of that. I know that -- I gather that process is clearly underway, and I'm looking forward to seeing what may come of it, and certainly, that's -- the point is if there needs to be changes, there'll be changes. Thank you.

Thank you. I'm going to go back to the Member from Inuvik Boot Lake.

Thank you. Who manages the fund currently, Mr. Chair?

Thank you. I'm going to go to the Minister.

CIBC, Mr. Chair.

Thank you. I'll go back to the Member from Inuvik Boot Lake.

Thank you, Mr. Chair. And is there -- I'm assuming CIBC, being Wood Gundy, would be the manager of the firm managing the portfolio. And is there a specific, then, oversight committee in the Department of Finance that also oversees the fund? Thank you, Mr. Chair.

Thank you. I'll go to the Minister.

Thank you, Mr. Chair. No, not as an expressed committee per se.

Thank you. I'll go back to the Member from Inuvik Boot Lake.

Thank you, Mr. Chair. I'm not sure if the Minister's willing to do any commitments here today, but certainly I think it would be a good idea to have an investment committee made up of either Members of obviously the AOC and Members of executive to oversee the function of the fund manager to look at things like rebalancing the fund and how we want to invest that funding. So certainly something I would suggest, Mr. Chair.

Okay, thank you. I'll go to the Minister.

Thank you, Mr. Chair. I am not going to make a commitment right now on the fly without, you know, a bit more discussion, but, again, happy to take back comments or suggestions that are going to come from the review. Again, I gather that is now underway. The Legislative Assembly's responsible for it. We can bring forward recommendations. It is something that is managed under the fiscal -- or the Department of Finance but is one that I know is of interest, and there are public obligations here, so before any significant changes would be made. So, again, happy to see what committee reports back on and see what we can do to hopefully increase the projections of revenues without undertaking too much risk. That's a long conversation. Again, happy to have it. I probably won't -- can't really say much more sitting here just now. Thank you, Mr. Chair.

Thank you. And I'll go back to the Member from Inuvik Boot Lake.

Thank you, Mr. Chair. And I appreciate that. I appreciate the response so, Mr. Chair, I look forward to the outcome of this ten-year review and look forward to having an opportunity to participate through committee with recommendations for that review. Nothing further right now, Mr. Chair. Thank you.

Okay, thank you. Next on my list I have is the Member from Monfwi.

Thank you. Before I go to the Minister, this sounds like it's a human resource issue. I'm going to pass it on to the Minister because we passed that already, whether she wants to go ahead and answer this question. Thank you.

Thank you, Mr. Chair. Mr. Chair, I'm sorry. I pulled up looking at payroll tax revenues that have -- we were getting in over the course of the year. With respect to human resources and active positions, the GNWT -- or sorry, the Department of Finance, we don't have change in the Tlicho region. We did break out Tlicho region this, and there's not changes within the Department of Finance for the Tlicho region. We're sitting at two full-time and we'll -- in the last year and continuing up to full-time next year. So there may be a page that I'm not seeing, and I'm happy to take that up and just go back to the Member to make sure that I'm not missing the connection that she's concerned about. Thank you.

Before I go back to the Member from Monfwi, I just want to point out that we're on page 169 to page 173. Is there other further questions from the Member from Monfwi?

I know I saw that two positions that's with the Department of Finance, but there's going to be 33 positions cut, and I'm sure it's not just with the Department of Finance. It's probably for other departments as well.

The highest that I see here, you know, there's a South Slave and Delta, and Tlicho region is minus four. So it's probably with the other departments as well because South Slave correctional, but -- yeah, for -- so in Tlicho region, there's minus four. You know, every job that comes to our community, our region, it's greatly needed. So I just wanted to ask the Minister so which department and where is this -- these four jobs are located? Because I represent four communities. Thank you.

Okay, thank you. I'll just go to the Minister.