Mr. Speaker, the hon. member raises a very important point. In fact, from 2011 to 2013, Yukon was rated the single most desirable place in the world for mining companies to conduct business. As the parliamentary secretary pointed out, the most recent report, however, shows that Yukon has actually fallen to ninth place overall. The leaders, communities, and workers in the Yukon are concerned. They see that the regulatory regime in the Northwest Territories has been changed to be in line with the one south of 60, and this is exactly what this would do for Yukon and Nunavut.
It is really important and urgent that we pass this legislation so that Yukoners and the people in Nunavut can get the same benefits as other jurisdictions in the north.