Thank you, Mr. Chairman.
The problem is twofold in the fisheries. The first problem is access. As Paul pointed out, Nunavut still only has about 41% access to turbot in zone 0B, compared with the national norm or national average whereby provinces have about 80% to 90% of their adjacent resources. That is the first problem.
The other problem is economic leakage. Nunavut is not fully utilizing the economic potential of our fisheries right now. Annually our fisheries are worth over $120 million. Nunavut might see about 10% of that, and the reason for that is infrastructure. There is not one small craft harbour in Nunavut, not one. In the provinces, you see the minister announcing new small craft harbours—actually, they are trying to move out of small craft harbours, but there are millions for repairing the existing ones—but Nunavut does not have one.
In terms of vessels, Nunavut in the past five years has been investing in trawlers and gillnetters, but we only have four offshore fishing vessels.
So the leakage is immense, from training to spin-offs to small craft harbours—everything in the fishery. Once we start developing that nation-building, then we will start seeing the returns.