Madam Speaker, Mr. Speaker, sorry. Mr. Speaker, what I have indicated is that the rate of return that was allowed for the NWT Power Corporation in the past did not allow enough revenue to create a stabilization fund, although it was contemplated over a year ago, or earlier than that. There wasn't enough money by the time the Power Corporation had worked on infrastructure and had paid to the territorial government the subsidization for power. The rate of return only allowed for that, Mr. Speaker.
Nellie Cournoyea on Question 28-12(7): Nwtpc Rate Stabilization Fund
In the Legislative Assembly on November 16th, 1994. See this statement in context.
Further Return To Question 28-12(7): Nwtpc Rate Stabilization Fund
Question 28-12(7): Nwtpc Rate Stabilization Fund
Item 6: Oral Questions
November 15th, 1994
Page 61
Nellie Cournoyea Nunakput
See context to find out what was said next.