Mr. Speaker, I give notice that on Wednesday, December 11th, I will move the following motion: I move, seconded by the honourable Member for Kitikmeot, that the following terms of reference for the standing committee on finance be approved. The standing committee may on its own authority: a) inquire into such matters as may be referred to it by the Legislative Assembly; b) review and recommend on the preparation of estimates, expenditures and appropriations required to defray the charges and expenses of the public service of the Northwest Territories in each fiscal year; c) review and recommend on capital projects and capital planning; d) examine and recommend the terms and conditions of any agreement relating to financial arrangements with the Government of Canada; e) examine and recommend the terms and conditions of borrowing, lending and investing funds; f) review, evaluate and recommend on any revenue sources that may be available to the Territories; g) review financial implications of existing and proposed territorial programs and the financing there of, as well as any other programs which may, in future, become a charge against the territorial budget, and further, be able to recommend funding changes if required; h) investigate and inquire into these financial matters which, in the opinion of the committee, require investigation; and i) establish its quorum to be five Members including the Chair.
At the appropriate time, Mr. Speaker, I will be seeking unanimous consent to proceed with this motion today.