Mr. Speaker, the testimony of Chief Deneron was very compelling. He spoke about how he currently flies into Fort St. John to conduct his business, and he said that one can see the lights of the development stop at the artificial Northwest Territories border, because the developers simply do not have confidence in the current regulatory regime in the Northwest Territories.
We heard time and again that the investment climate, the regulatory process in the Northwest Territories, prevents investor confidence. That is why we want to continue down the road of regulatory improvement, because we know that an efficient, effective, predictable regime for regulation will encourage development and will encourage the economy of the Northwest Territories. That is what we on this side of the House will continue to pursue.