Mr. Speaker, the hon. member is quite familiar with the diamond industry in the Northwest Territories. It has been a huge success. She will know that in the budget is an accelerated reduction in the excise tax from 10% effective yesterday down to 8%, and then to be phased out over the next number of years. I would like her to comment on what that should do for the diamond industry in the Northwest Territories.
Also in the budget there was an accelerated capital cost allowance for things like pipelines and energy transfer systems. I know that she is very interested in the Mackenzie pipeline.
I would be interested in her comments on both of those points.