I couldn't agree more. The ability for the Government of Canada to increase the territorial borrowing limit when necessary is certainly critical to investing in major infrastructure projects in the Northwest Territories. One might only look at the proposed Inuvik to Tuk highway that's going ahead. That will be a big piece of infrastructure in the Northwest Territories, to be able to meet the challenges of that project as it goes forward. It's certainly critical to be able to deal with the territorial borrowing limit.
On June 12th, 2012. See this statement in context.