Mr. Speaker, the subsidy is based on the rate charged for power in Yellowknife. So in effect it does keep pace, although If the price of power goes up in Yellowknife, obviously there is some loss of subsidy. But when there is an increase outside of Yellowknife, the subsidy does increase.
John Pollard on Question O651-12(2): Recommendation Of Public Utilities Board Re Rate Structures
In the Legislative Assembly on June 25th, 1992. See this statement in context.
Further Return To Question O651-12(2): Recommendation Of Public Utilities Board Re Rate Structures
Question O651-12(2): Recommendation Of Public Utilities Board Re Rate Structures
Item 5: Oral Questions
June 24th, 1992
Page 769
John Pollard Hay River
See context to find out what was said next.