Mr. Chairman, the premise that the Power Corporation operates under is a reasonable cost to the customer. In the issue of the one project we have before us, the Dogrib power project, the corporation has made a contractual arrangement with the Dogrib Power Corporation where they will be securing the capital to actually construct the project, and we would just be buying power over a long period of time. The Power Corporation, under regulation, would only be able to have such a deal if it's made reasonable power rates available to the customer. We can't sign any kind of deal. There are certain questions that would have to be answered. If you wish, the vice-president can deal with that in a little more detail.
Nellie Cournoyea on Committee Motion 39-12(5): To Adopt Recommendation 25, Carried
In the Legislative Assembly on March 24th, 1994. See this statement in context.
Committee Motion 39-12(5): To Adopt Recommendation 25, Carried
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
March 23rd, 1994
Page 838
Nellie Cournoyea Nunakput
See context to find out what was said next.