Thank you, Mr. Speaker. I was going through the interesting announcement which the Government Leader had made yesterday concerning the potential opportunity for the sale of the Power Corporation. The one question which came out of this, and I have asked it subsequent to the announcement, was why? When we took over the Power Corporation in 1988, only four or five short years ago, NCPC was in a tremendous amount of debt. Through good corporate management and excellent work they have managed to pull themselves out of debt and be very responsive to community needs and the needs of northern people when it comes to this service. When it is making money and has a potential to continue to make money, why are we thinking of divesting ourselves from an economic opportunity that can continue to put money into our treasury?
Tony Whitford on Question 663-12(3): Privatization Of NWT Power Corporation
In the Legislative Assembly on March 31st, 1993. See this statement in context.
Question 663-12(3): Privatization Of NWT Power Corporation
Item 5: Oral Questions
March 30th, 1993
Page 1310
See context to find out what was said next.