Mr. Chairman, in early September, the assistant deputy minister of Public Works met with the vice-president of finance for the Power Corporation to negotiate the sale of the power plant. At the present time, the Power Corporation's position is that it will accept the sale of the plant for the nominal selling price of one dollar only. That doesn't quite meet the government's requirements, Mr. Chairman. So negotiations are continuing. I know we have been saying this for many years, Mr. Chairman, and I think the previous government said it as well. However, hopefully, as soon as negotiations are concluded we will be able to report to Members that the sale has, in fact, taken place, as soon as we can. Thank you, Mr. Chairman.
John Pollard on Bill 19: Supplementary Appropriation Act, No. 1, 1994-95
In the Legislative Assembly on November 10th, 1994. See this statement in context.
Bill 19: Supplementary Appropriation Act, No. 1, 1994-95
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
November 9th, 1994
Page 918
John Pollard Hay River
See context to find out what was said next.