Thank you. Kitikmeot, total region, $204,000. Agreed?
Debates of March 9th, 1992
Topics
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 340
The Chair Ludy Pudluk
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 340
Some Hon. Members
Agreed.
---Agreed
Buildings And Works, Total Capital, Agreed
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 340
The Chair Ludy Pudluk
Total buildings and works, $3,457,000. Agreed?
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 340
Some Hon. Members
Agreed.
---Agreed
Equipment Acquisition, Headquarters, Total Capital, Agreed
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 340
The Chair Ludy Pudluk
Page 17-13. Equipment acquisition, headquarters, total region, $35,000. Agreed?
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 340
Some Hon. Members
Agreed.
---Agreed
Equipment Acquisition, Inuvik, Total Capital, Agreed
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 340
The Chair Ludy Pudluk
Inuvik, total region, $18,000. Agreed?
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 340
Some Hon. Members
Agreed.
---Agreed Equipment Acquisition, Total Capital, Agreed
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
The Chair Ludy Pudluk
Total equipment acquisition, $53,000. Agreed?
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
Some Hon. Members
Agreed.
---Agreed
Tourism And Parks, Total Capital, Agreed
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
The Chair Ludy Pudluk
Total activity, $3,510,000. Agreed?
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
Some Hon. Members
Agreed.
---Agreed
Business Development
Contributions, Headquarters, Total Capital
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
The Chair Ludy Pudluk
Page 17-15. Business development, contributions, headquarters, total region, $8,000,000. Mr. Dent.
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
March 8th, 1992
Page 341
Charles Dent Yellowknife Frame Lake
Thank you, Mr. Chairman. One of the concerns of the standing committee on finance was that last year a significant amount more than what was budgeted, approved in the initial budget for the development corporation, was actually spent. We were concerned that there did not appear to be a system of financial controls set up to ensure that things were actually going to be -- the money was going to be spent wisely. I think this is the reason for the motion which we brought in earlier.
I am just wondering if the Minister can assure us -- we have eight million dollars in here for this year -- are you going to stick to that or are we going to be a million and a half over this year again?
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
The Chair Ludy Pudluk
Mr. Minister.
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
John Pollard Hay River
Mr. Chairman, the amount of $1.28 million that the Member is talking about is a carry-over from the year before. It was appropriated by this House and it was carried over, along with the $10 million that was budgeted last year. I can assure the Member that although we have some $27 million in projects that we have been asked to be interested in, through the Development Corporation, no more than eight million dollars will be spent this year. Thank you.
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
The Chair Ludy Pudluk
Mr. Todd.
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
John Todd Keewatin Central
It is my understanding that $11.8 million was spent; $1.8 million and $10 million were spent last year, and eight million dollars this year. There are no future years' anticipated. Are we anticipating that this thing is just going to come to an end this year, or are we anticipating -- what are our long-term budgetary objectives of this development corporation? Have you any idea or inclination of where it is heading?
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
The Chair Ludy Pudluk
Mr. Minister.
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
John Pollard Hay River
Mr. Chairman, it is not classed as a multi-year project, although there was indication, when this corporation was formed, that it would require some $10 million per year. This year it is eight million dollars, and the capital target for next year will probably be in the region of six million dollars. As far as where this thing is going to go, I think, personally, I have a concern that it may end up with a huge portfolio and not be spinning some of those businesses back to the private sector. I think it is something that we will have to look at year by year. Right now the possibility is that next year it will be six million dollars, Mr. Chairman. Thank you.
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
The Chair Ludy Pudluk
Total region, $8,000,000. Mr. Dent.
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
Charles Dent Yellowknife Frame Lake
Thank you, Mr. Chairman. We know about the retail outlet in the Toronto airport. Does the Development Corporation have any other business investments outside of the Northwest Territories? Is it considering any further investments outside of the Northwest Territories?
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
The Chair Ludy Pudluk
Mr. Minister.
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
John Pollard Hay River
Nothing specific, Mr. Chairman, although I would advise the committee that if the kiosk at the Toronto airport was successful we would consider another venture such as that. If we were able to move a lot of products from the Northwest Territories through a retail outlet in the South and it proved up for us, we would be interested in expanding that market. Thank you, Mr. Chairman.
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 341
The Chair Ludy Pudluk
Mr. Nerysoo.
Investments By NWT Development Corporation