Thank you, Mr. Chairman. Mr. Chairman, the reason that the interest income is declining is because we don't have as much cash to invest as we used to have when we had a large surplus. That's the real reason. In fact, we had to borrow this past fiscal year, although we're going to be all right this year -- for the first six or seven months anyway -- because we received the $24 million from Canada for the health billings dispute. We just haven't had the amount of cash to invest, Mr. Chairman. Thank you.
John Pollard on Committee Motion 41-12(7): To Adopt Recommendation 14, Carried
In the Legislative Assembly on April 12th, 1995. See this statement in context.
Committee Motion 41-12(7): To Adopt Recommendation 14, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
April 11th, 1995
Page 1004
John Pollard Hay River
See context to find out what was said next.