Thank you, Madam Chair, and thank you to the minister and all the people appearing with you.
This a very important piece of legislation for us. It's something I have been involved with in different capacities over the years.
I think the way the board structure regulatory process and the board structure are set up in the Northwest Territories is certainly a model for other jurisdictions. My colleagues from Alberta and Saskatchewan probably could take a good read of this and see that there is benefit to it. I don't see the involvement of indigenous governments in any other jurisdiction, not even in the National Energy Board, where they have guaranteed seats for indigenous people.
I think it's a model that people from across the world have asked to review and some of them are considering it. It works well and had been working well. Industry liked it, indigenous governments liked it and the Government of Northwest Territories liked it. The previous government of the day saw fit to make changes. Those were changes made without the inclusion of the people who came to this type of system.
I listen in amazement to my colleagues from the other side talk about the moratorium. When the discussions with the Conservatives, the Government of Northwest Territories and the people of the Northwest Territories were happening on the devolution, they wouldn't allow the subject of the Beaufort Sea to be even put on the table, or the Norman Wells oil fields.
I think it was a good time to put a moratorium on, because there was a natural moratorium. The moratorium was not only because it was declared. Oil prices were also a great factor. In 2011, the whole system was cancelled for the Beaufort Sea. In 2012, there was a total of $7 million spent. In 2013, there was no program. In 2014, the program was postponed. In 2015, the program was postponed.
In five years there was $7 million, so nobody's going to convince me of how much money we were making in the north from it. I can tell you that the money was not coming, the royalties were not coming to the Northwest Territories, because that was not allowed on the table.
As we move forward, I hear concerns but I recognize this as putting UNDRIP into action. The involvement of the indigenous people in land and decision-making for resource management and implementing the modern treaties is certainly putting UNDRIP into action. I want to hear some feedback on that. Is that something you would agree with?