Thank you, Mr. Speaker. Mr. Speaker, the Western Arctic Offshore Accord, which was signed on August 10th, 2023, by the Government of Canada, the Inuvialuit Regional Corporation, the Government of the Northwest Territories, and the Government of the Yukon, to establish a framework for the shared management and regulation of the offshore, can the Minister of ITI give us an update on the progress on this accord, Mr. Speaker. Thank you.
Thank you, Member from Inuvik Boot Lake. Minister of ITI.
Thank you very much, Mr. Speaker. Mr. Speaker, currently our government, along with the Government of Yukon, the Inuvialuit Regional Corporation, the federal government, are working on the legislation that will need to be tabled in the House of Commons as part of this project. Thank you.
Thank you, Mr. Speaker. Mr. Speaker, given the request to have the offshore moratorium lifted by our Premier, and certainly by IRC as well I understand, has there been a response -- in the Minister's conversations or discussions with industry, has there been any kind of an indication from them to that request? Thank you, Mr. Speaker.
Thank you very much, Mr. Speaker. Mr. Speaker, there's definitely questions being posed in looking for solutions as part of the potential lifting of the moratorium. One of the concerns that we have certainly heard is ensuring that fairness to exploration license holders is maintained and addressed in this process. There are a number of licenses that would be set to expire potentially right up against when the moratorium could be lifted. And so it would be essential to ensure that a solution is figured out before that happens. Thank you.
Oral questions. Member from Monfwi.
