Right now the Northwest Territories government provides a subsidy, which the Member is aware of, equalized to Yellowknife rates. So, every home owner outside of Yellowknife receives a subsidy, other than I believe Fort Simpson and Fort Smith, the rates are higher than Yellowknife. The subsidy still exists, and whether the government would agree to further subsidize that would be a decision the government would have to make themselves. The Power Corporation is in the business of selling power. As the Government of the Northwest Territories is a main shareholder, we require the Power Corporation to give a dividend to the Northwest Territories which is passed on to the customers as part of a subsidy. So, the decision would have to be made by the government in terms of what type of subsidy you wanted to provide to home owners. The Power Corporation is just in the business to sell power, but subsidies are government business.
Nellie Cournoyea on Bill 17: Appropriation Act, No. 2, 1993-94
In the Legislative Assembly on March 24th, 1993. See this statement in context.
Bill 17: Appropriation Act, No. 2, 1993-94
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
March 23rd, 1993
Page 1161
Nellie Cournoyea Nunakput
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