Thank you.
Thank you for being here. It's very helpful to have your input.
I don't see northerners as different from any other Canadians. I don't think the Department of Finance or the government would have the nerve to impose such a limit on the people of Quebec. I'll wait for my Quebec people to say that. I don't think they'd be happy if the Department of Finance imposed such a limit on borrowing for Quebec, so I'm not sure why there needs to be one for the north. In fact, why would you enforce a limit that's much less than the federal government, the Department of Finance, itself, is in right now and some of the provinces are in? It's not a huge limit.
My questions are for the GNWT.
It was a great presentation. I totally understand what you want, but that's not what we're debating today. We're going to have to vote. As soon as you leave, we're voting on this bill, and this is the only thing that's before Parliament in the near future, so we really need answers specific to this bill.
Do you think this bill would hurt your government any if it passed? I understand it left the definitions unclear, but you're in negotiations with those and the definition of what is borrowing. Do you think you'd be worse off if this bill passed?