I'll respond to that one. Thank you, Mr. Tootoo.

Yes, Nunavut has a small population but huge potential economically. The mineral sector is probably the brightest star in that constellation. We believe that our project would, at minimum, trigger the development of what is a world-class zinc lead deposit in the Kitikmeot region. It's called the Izok corridor project, and it would be triggered by the development of the Grays Bay infrastructure.

We did some economic impact assessment work on this, and just revenues to Canada in the forms of income tax, corporate tax and royalties associated with that development would be about $665 million. If you look at that as a cost benefit, the revenues coming just to Canada would pay for the infrastructure itself on one project. There are many other projects along that corridor that could be developed that would become more feasible with that infrastructure in place. That's just the first layer of opportunity there.

We also believe that that single project, that one mine, would probably generate something around $7.5 billion in GDP over an 11-year economic life. That's just 11 years. We think that project could be extended several years after, because what's happened is, in the absence of infrastructure, a lot of the developers who have played this area are not committed to doing any further exploration because, without the infrastructure in place, what's the point?

They know they have projects there, but until Canada decides it's going to build infrastructure that connects these resources to tidewater and to international markets, there's no further point to doing that work. Canada should be in the business of building its own infrastructure for its own benefit, and there will be lots of investments that will come to this region of the country once that investment has been made.

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