Madam Speaker, because the federal government tax is part of the price upon which we calculate our taxes, our taxes effective April 1 will drop and we stand to lose around $2 million. So, if we don't raise our prices, we are going to lose the $2 million. If we move into the federal tax room, then we can gain an extra $1.5 or $2 million on top of that again, Madam Speaker. Those are the ranges we are discussing at the present time. Thank you, Madam Speaker.
John Pollard on Question 169-12(5): Revenue Generated From Sale Of Cigarettes
In the Legislative Assembly on February 22nd, 1994. See this statement in context.
Return To Question 169-12(5): Revenue Generated From Sale Of Cigarettes
Question 169-12(5): Revenue Generated From Sale Of Cigarettes
Item 5: Oral Questions
February 21st, 1994
Page 283
John Pollard Hay River
See context to find out what was said next.