Thank you very much, Mr. Chair.
Mr. Minister, I think we've had about seven meetings and you've been at three of them. We like that percentage.
I would like to continue in the vein you were just going with the red tape reduction. Basically we're reacting to economic indicators that indicate the Northwest Territories is perhaps under a regulatory regime that isn't that attractive to investment, which in a resource-based economy can certainly be very difficult. Can you perhaps contrast the current regime in the Northwest Territories with the rest of Canada's north, and maybe talk about why improving that is so crucial to economic development in the Territories?