Mr. Speaker, I would like to correct the hon. member. There are not only two parts to this piece of legislation. There are actually three. The first part is referring to the superboard. The second part contains the eight regulatory items that were brought forward by the previous Conservative government that I think everybody agreed to and were focused on. When the bill came forward it had the superboard attachment. In Bill C-88, we have a further piece which is the Canadian Petroleum Resources Act. I believe that is the part the member is referring to.
We heard loud and clear from the Premier of the Northwest Territories when he appeared as a witness in front of the indigenous affairs committee. The member was chairing the meeting so she was there when he said he appreciated how well the negotiations were going. There are negotiations that are happening with the Inuvialuit Regional Corporation and the Government of the Northwest Territories and the federal government that will bring oversight and co-management abilities on the Beaufort Sea. This is a piece that was ignored by the previous Conservative government. The Conservative government would not put the Beaufort Sea discussions on the table.
I find it very surprising when members are concerned about how we react to the discussions on the Beaufort Sea when the previous Conservative government would not include it. Neither would it include the Norman Wells oil fields, two cash cows that generate revenue. They were left out. They were not part of the deal. The Conservative government would not let them put these items on the table, but our government has.