Thank you, Mr. Speaker. Part 2: Sahtu climate change and unprecedented low water levels at Mackenzie River.
Mr. Speaker, the historic water levels in the Mackenzie River basin has raised endless stressful concerns. Mr. Speaker, I would like to take this moment to once again address the allseason road connection Wrigley to Norman Wells, a project in regulatory process.
This vital infrastructure project is crucial in addressing the current resupply crisis. I welcome the discount air barge submitted by Buffalo Airways. What about larger project materials? Yes, Mr. Speaker, the Sahtu will benefit from this yearround access, lower the northern market basket measurement, and this infrastructure will also become a provider to the NWT and national GDP. The allseason road cannot be overstated. It will provide improved access to health care, education, open the doors to economic opportunities for government, industry, commercial, and residents.
Mr. Speaker, critical to this project's fruition is capital security and funding. Without adequate financial resources, even the most thoughtout planned projects can quickly fall apart. Mr. Speaker, it is essential that we secure the necessary capital and recognize the inplace permits to this allseason road project. And, Mr. Speaker, we are also on the crossroads to this mandate by this and previous Assemblies.
In closing, Mr. Speaker, I highlight the funding model within our capacity, 26 percent in project equity, capital commitments, amendments to the existing funds for expense, June 2018 funding announcement, and the existing bilateral agreement capital we possess. Thank you, Mr. Speaker.
Thank you, Member from the Sahtu. Members' statements. Member from the Deh Cho.
