Debates of March 2nd, 1994

This is page numbers 461 - 501 of the Hansard for the 12th Assembly, 5th Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was ---agreed.

Topics

Members Present
Item 1: Prayer
Sale Of Staff Housing
Selection Of Senior Men's Hockey Team For Arctic Winter Games
The Storage Of Firearms
Congratulating Winners Of National Aboriginal Achievement Award
Cruise Missile Testing
Closure Of Akaitcho Hall
Clarification Of Work Undertaken By The Special Committee On Education
Item 4: Returns To Oral Questions
Consultation Re Cruise Missile Testing In The Nwt
Premier's Discussion With Prime Minister Re Cruise Missile Testing
Actions Taken With Liberal Government Re Cruise Missile Testing
Lack Of GNWT Efforts To Pursue Cruise Missile Testing With Federal Government
Selection Process For Senior Men's Hockey Team For Awg
GNWT Policy On Day Care
Status Of Computer Equipment For Social Services Department
Reason For Length Of Power Failure In Iqaluit
Status Of Mortgage Investment Corporation
Status Of Hunters Under The Federal Firearms Legislation
Fire And Safety Inspections In Kitikmeot Region
Alternatives To Home Boarding Program
Return To Written Question 7-12(5): Employment In NWT Mines
Item 11: Reports Of Committees On The Review Of Bills
Item 12: Tabling Of Documents
Condemnation Of The Continuation Of The Cruise Missile Testing
Item 15: Motions
Condemnation Of The Continuation Of The Cruise Missile Testing
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
Bill 7: Personal Property Security Act
Bill 13: Supplementary Appropriation Act, No. 3, 1993-94
Item 19: Report Of Committee Of The Whole
Bill 13: Supplementary Appropriation Act, No. 3, 1993-94
Bill 2: An Act To Amend The Charter Communities Act
Bill 5: An Act To Amend The Partnership Act
Bill 6: An Act To Amend The Workers' Compensation Act
Item 21: Orders Of The Day

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

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The Chair John Ningark

Member for Aivilik.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

James Arvaluk Aivilik

I have never seen anything like this in the Northwest Territories but I have seen it in other jurisdictions. In Ottawa, a person bought a car for $3,000 or $4,000. He couldn't pay for it for a couple of months and it was taken away. I was president of ITC at the time and he asked me if I could help him. He said he agreed to give his car back but they said he still owed them money because they could only sell it for $800. Would this type of thing happen, when the secured party did not try hard enough and as a result the debtor still continues to owe after the collateral has been sold?

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

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The Chair John Ningark

Thank you. Minister of Justice. Do you people want to take a break? Just kidding. Ms. Buckland.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

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Buckland

Thank you, Mr. Chairman. In a situation like this when the collateral is sold, any difference between the amount owing and the value received for the collateral will still be owing by the debtor. If, however, the debtor felt that the price that was obtained was unfair, he could go to court and the court may very well agree with him and reduce the amount owing. These are always really difficult circumstances and there is always going to be someone who loses, unfortunately. But, the court is always there if you feel you've been mistreated. Thank you, Mr. Chairman.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

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The Chair

The Chair Tony Whitford

Thank you. Clause 59.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

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Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

The Chair

The Chair Tony Whitford

Clause 60.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

The Chair

The Chair Tony Whitford

Clause 61.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

The Chair

The Chair Tony Whitford

Clause 62.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

The Chair

The Chair Tony Whitford

Clause 63.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

The Chair

The Chair Tony Whitford

Clause 64.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

The Chair

The Chair Tony Whitford

Clause 65.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

The Chair

The Chair Tony Whitford

Clause 66.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

The Chair

The Chair Tony Whitford

Clause 67.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

The Chair

The Chair Tony Whitford

Clause 68.

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 486

Some Hon. Members

Agreed.

---Agreed

Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

March 2nd, 1994

Page 486

The Chair

The Chair Tony Whitford

Clause 69.