Thank you, Madam Speaker. Madam Speaker, I will try it in a different way, then. Do the gross leases now in use in Yellowknife allow for adjustments outside of the Canadian consumer price index, in the event that the Yellowknife consumer price index is significantly higher?
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
In the Legislative Assembly on November 4th, 1994. See this topic in context.
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
The Speaker Jeannie Marie-Jewell
Minister of Public Works and Services, Mr. Morin.
Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
Don Morin Tu Nedhe
Thank you, Madam Speaker. No.
Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
The Speaker Jeannie Marie-Jewell
Supplementary, Mr. Dent.
Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
Charles Dent Yellowknife Frame Lake
Thank you, Madam Speaker. Would the Minister agree that there is potential for great difficulty to be placed on a leaseholder in the event of such a situation?
Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
The Speaker Jeannie Marie-Jewell
Minister of Public Works and Services, Mr. Morin.
Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
Don Morin Tu Nedhe
Thank you, Madam Speaker. Could I have the Member repeat his question please, I didn't hear him.
Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
The Speaker Jeannie Marie-Jewell
Mr. Dent.
Supplementary To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
Charles Dent Yellowknife Frame Lake
Thank you, Madam Speaker. The question is, does the Minister recognize that there is potential for significant impact on leaseholders in a situation such as that, in other words, where the Yellowknife consumer price index increases at a much greater rate than the Canadian consumer price index?
Supplementary To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
The Speaker Jeannie Marie-Jewell
Minister of Public Works and Services, Mr. Morin.
Further Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
Don Morin Tu Nedhe
Thank you, Madam Speaker. Yes, I do recognize that the Yellowknife price index could be different than the Canadian price index. Thank you.
Further Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
November 3rd, 1994
Page 751
The Speaker Jeannie Marie-Jewell
Supplementary, Mr. Dent.
Supplementary To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
Charles Dent Yellowknife Frame Lake
Thank you, Madam Speaker. Is the Minister, then, still saying that there is no reason to re-examine the use of these leases and change from the Canadian consumer price index to a Yellowknife consumer price index, when it comes to the operations and maintenance portion?
Supplementary To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
The Speaker Jeannie Marie-Jewell
Minister of Public Works and Services, Mr. Morin.
Further Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
Don Morin Tu Nedhe
Thank you, Madam Speaker. I don't think it is necessary to do that. The Department of Public Works has modified the gross lease approach. People who are leasing office space to us will get paid the base rent and for all the operations and maintenance, the prepayments will be adjusted annually according to the Canadian consumer price index. If there is any change in cost, for example if the price of power or fuel go up higher than that, then those leases will be paid anyway. That is how the leases are drawn up. This is just a holding figure they get paid annually. That's all it is.
Further Return To Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Question 342-12(6): Renegotiation Of O And M Payments In Yellowknife Office Leases
Item 6: Oral Questions
Page 751
The Speaker Jeannie Marie-Jewell
Thank you. Item 6, oral questions. The honourable Member for High Arctic, Mr. Pudluk.