Mr. Speaker, I wish to add a few comments to those of my associate from South Shore regarding the accord between the Government of Canada and the Government of the Yukon Territory which divests power and authority from the federal government to the Yukon Territory.
To me it seems like a natural evolution: a political transfer of power to the Yukon Territory. It is certainly appropriate and it is similar to the powers the provinces have had for years and decades.
The Progressive Conservative Party supports the legislation, basically because it evolved from Progressive Conservative legislation that began in 1987 through 1988, starting with the northern accord.
Like so many of the Conservative policies, like the GST which the Liberals picked up, embraced and enhanced, free trade and low inflation that worked so well for the economy of Canada, hopefully this policy will also work out well as the powers are devolved to the Yukon Territory.
Most community groups and organizations support this legislation in the Yukon area. The Council of Yukon First Nations supports it on the condition that those First Nations that have not had their land claims addressed still have access to the land claims. Clauses 6 and 8 of the new bill address those issues. I feel that their issues are at least addressed temporarily and hopefully there is a process to address future problems that they have in so far as land claims go.
The Yukon territorial government has supported it strongly and urges the quick passage of it. It requests that it proceed expeditiously. The Canadian Association of Petroleum Producers of Canada certainly supports it and urges it to go ahead. It is prepared to work with the First Nations groups.
The Yukon Chamber of Commerce says that it is the key to economic stability in Yukon. Certainly we support that and we support them.
It is timely for the Yukon people because it offers new opportunities for them for employment and for economic development. At this time in Canada there is more oil and gas exploration than at any time in the history of our country. There is no reason that the Yukon should be left out of that economic surge. It has the technology in the industry with three dimensional size technology, horizontal drilling which maximizes exploration and reduces the number of failures and also maximizes productivity.
It is certainly an appropriate time to have the gas and oil jurisdiction turned over from the federal government to the territorial government and have it totally control the situation and benefit from it.
In closing, I support Bill C-8, as does our party, as long as the First Nations concerns are addressed. I believe they are addressed. There is a dispute settlement mechanism built into Bill C-8 which will address any future concerns they have. It is a welcome transfer of power and it will help the Yukon Territory establish economic self-sufficiency for now and long into the future.