Mr. Speaker, our government is committed to ensuring a strong and prosperous north to help shape the future of our nation. This includes meeting our responsibilities for ensuring sustainable and balanced development in the north. This includes oil and gas exploration in the Northwest Territories, Nunavut and the northern offshore areas through the rights issuance process. This process is open and transparent and abides by the Canada Petroleum Resources Act. Winning bidders must provide financial security for their bid. What is more, drilling can only take place after a rigorous review and environmental assessment.
Protecting the north and the interests of northerners is a priority for our government. The rights issuance process is carefully managed to ensure that the northern environment is safeguarded.