Thank you, Mr. Chairman. On the N.W.T. Power Corporation, I have some recommendations here. The committee has previously requested that a value for money audit of the N.W.T. Corporation be undertaken. The corporation provides an essential service, however, until recently there has not been a second opinion on how the corporation is operating or whether there is good value for money.
Committee Members have indicated concerns about the corporation's growth. This Assembly approved a motion for the corporation to develop a corporate strategy and a report on the feasibility of merits of privatizing the corporation for presentation to the 1992 fall session. The government provided the corporation's 1991 to 1996 Corporate Plan for committee review, and indicated that a privatization option paper would be tabled during the 1992 fall session.
The 1991-96 Corporate Plan falls far short of the committee's expectation of what should be included in a corporate strategy.