Thank you, Mr. Speaker. Mr. Speaker, our revenues from Canada have declined because the down turn in the economy in southern Canada has had an effect upon our formula. The gross domestic product has been very low, and that has had an effect on our formula. The population factor which we thought would work in our favour has not worked in our favour, and we are some $33 million lower in revenue this year than what we had forecast, Mr. Speaker. So the Member is correct that the lack of revenues coming from Canada is one of those things that are aggravating our financial situation -- that and increased demands. We have got Health, which is continually demanding money, and we have to treat those people, Mr. Speaker, so it is demand partly, and it is also the fact that we are receiving less money from Ottawa, partly. Thank you, Mr Speaker.
John Pollard on Question O132-12(2): Circumstances Of Deficit Position
In the Legislative Assembly on February 24th, 1992. See this statement in context.
Further Return To Question O132-12(2): Circumstances Of Deficit Position
Question O132-12(2): Circumstances Of Deficit Position
Item 5: Oral Questions
February 23rd, 1992
Page 107
John Pollard Hay River
See context to find out what was said next.