Thank you, Mr. Speaker. I have a few questions for the Minister of ITI. Earlier this fall there was a forecast that the fur prices would drop this year. It’s been a little over a week now since the February auction. I’d like to ask the Minister, were the fur prices as low as expected this winter?
Thank you, Mr. Blake. The Minister of Industry, Tourism and Investment, Mr. Ramsay.
Thank you, Mr. Speaker. Prices of fur did come off last year. As the auction was just held recently, I haven’t got the information back from the department on what prices fur was fetching at this auction, but I would be more than happy to provide the Member and other Members with an update as soon as I get that information.
I’d like to ask the Minister, what affected the fur prices this year? As the Minister may recall, last year we had some of the highest prices for marten and other furs.
Obviously, we’d like to see a return to the very high prices for fur. The more money our trappers across the territory can earn from the sale of those furs goes directly back into the smaller communities and the local economy, so we’d like to see prices back where they were last year.
Thank you, Mr. Ramsay. Ms. Bisaro.
