Thank you, Madam Speaker. My statement today concerns a matter I raised last week in the House. It deals with the responsible use of our renewable resources and maximizing the benefit to northern residents from that use.
Currently, the status of the Southampton caribou herd is such that a quota of 4,000 animals has been identified for commercial harvest. Residents in my constituency would like to take advantage of that opportunity to harvest these caribou.
Discussions between the Coral Harbour Hunters' and Trappers' Association, Economic Development and Tourism, Renewable Resources and the NWT Development Corporation have been going on for quite some time in order to plan a commercial harvest.
At first, a fall hunt was planned, but the latest proposal calls for a spring hunt to harvest the remainder of the quota. I also noticed that an offer has been made on the sale of caribou for the Development Corporation who will then undertake to market the meat after processing.
If I'm not mistaken, the price of these fine caribou will amount to -- I think I was told $1.25 per pound, payable to Coral Harbour residents.
Now I understand that there are costs involved in processing. What concerns me is that the final sale price of the meat may not be high enough to offset the processing costs with considerable left over. If this is the case, where do the profits go? In accordance with Economic Development and Renewable Resources's philosophy of this government, Madam Speaker, they should be returned to the community residents.
I will be following up on this issue with the appropriate Minister during question period. It is my hope that the plans are concluded and the hunt is carried out successfully, not only for the benefit of Coral Harbour residents, but for the future health of the caribou herd so that it may sustain our people for generations. Thank you, Madam Speaker.
---Applause