Thank you, Mr. Speaker. That is really a dead issue because the bill did not get second reading, and I do not plan to re-introduce it in the near future. For the Member's information, a certain number of steps are involved. The first is to amend the legislation. Then it would go through first and second reading through this House, and then it goes to the legislation committee so that it can go through public consultation. The legislation committee reviews it; the public, the housing authorities, agencies, boards and commissions, or whoever wants input at that time could do so. That is the process. But, it did not get that far. If it had gone that far and had been passed, then you could have eliminated the board and saved $300,000 direct costs and $300,000 indirect costs, which would have made it available to negotiate with the feds to take it off the GST because it would have been under the government's arm, it would have been a department. You would have to keep the shell of the corporation in order to get CMHC funding. Thank you.
Don Morin on Question O257-12(2): Status Of NWT Housing Corporation
In the Legislative Assembly on March 4th, 1992. See this statement in context.
Further Return To Question O257-12(2): Status Of Nwt Housing Corporation
Question O257-12(2): Status Of NWT Housing Corporation
Item 5: Oral Questions
March 3rd, 1992
Page 262
Don Morin Tu Nedhe
See context to find out what was said next.