Merci, Monsieur le President. Yesterday I spoke on attempts by this government to engage the public and mining industry on mining royalties. Other work on mining royalties came to my attention when there was a presentation at the November 2022 geoscience forum by a consultant apparently hired by ITI. This consultant is the same one who conducted a ninepage peer review of the Price Waterhouse Coopers benchmarking study that found that GNWT is doing just fine with royalties and taxes from mining. That peer review was in agreement with the benchmarking study and its conclusion that the NWT is competitive with other jurisdictions at least the ones that were included and that public investment in infrastructure and technology is the best way to get more mining revenues. That study though focused on competitiveness and not fair return or maximizing benefits.
In any event, the same peer reviewer from Vancouver has been hired by ITI, again, through a $75,000 sole source contract to conduct some sort of modeling of mining royalties. Given that this consultant has already concluded that the NWT is doing fine in terms of competitiveness and mining revenues, I'm not sure what kind of modeling is going to be done. I will have questions for the Minister of Industry, Tourism and Investment on this modeling, whether the public will get to have a say on what is done, and whether any of this work will be released publicly. Mahsi, Mr. Speaker.
Thank you, Member for Frame Lake. Members' statements. Member for Nahendeh.
