Mr. Speaker, I think my colleague from Western Arctic hit it on the head. Business needs predictability. If it does not have predictability in this area, the influx of additional capital that may be needed to either expand the mines or keep them operating can indeed dry up. If that happens, mines can either decide to shut down or throttle back.
As the government has said in its own legislation, this is not just about the economy of the Northwest Territories, because under the act of devolving it keeps 50% of that resource, of that wealth that is generated. If the government causes unpredictability in the mining sector, which generates wealth to the broader Canadian public—because clearly the federal government represents all Canadians across this land—it would actually be harming the broader Canadian economy, simply because it has not given predictability. It would perhaps have actually sent the participants on a path of litigation, which ultimately would end up in a place where no one needs to be, and ultimately the economy would be the great sufferer.
Being the great manager it says it is, the government apparently is about to once more mismanage this economy.