Thank you, Mr. Speaker. And, Mr. Speaker, I'd like to build upon the statement made by my colleague just now. Mr. Speaker, home insurance is proving to be a growing barrier to homeownership in the Northwest Territories and a financial challenge for homeowners.

Mr. Speaker, my constituents have told me about their inability to obtain home insurance in some cases or costs of their insurance skyrocketing year over year. Some residents with insurance policies have had them cancelled because of wood pellet boilers being installed. As bad as it may be in Yellowknife, I can't imagine how difficult it must be for some homeowners in small communities to obtain insurance. Mr. Speaker, this issue is about accessibility and affordability of home and fire insurance in the NWT has been raised in the House before. Residents have no recourse except to complain about unaffordable increases or their difficulty even getting a policy to the office of the superintendent of insurance and speaking to MLAs.

During the 19th Assembly, the honourable Member for Yellowknife South committed, as Minister of Finance, to instruct the Department of Finance to investigate Saskatchewan Government Insurance, a Crown corporation owned by the Government of Saskatchewan. Mr. Speaker, we need to follow up on this now to see if SGI can provide us affordable insurance in the NWT.

Established in Saskatchewan in 1944, SGI now provides insurance in five Canadian provinces as SGI Canada, operating in British Columbia, Alberta, Manitoba, and Ontario. It has operated in Manitoba since 1993 and Ontario from 2001 and Alberta since 2006 and in BC beginning in 2015. It offers home, farm, business, and even auto insurance. I believe it could operate here. I will have questions for the Minister of Finance at the appropriate time, Mr. Speaker. We need to get a handle on this growing insurance cost issue in the Northwest Territories. Thank you.