I understand Mr. Koe's concern and I think he's correct. In this particular instance, Mr. Chairman, this is clearly almost a sort of Yellowknife issue whereby the power centre that is going to buy that power is going to be Yellowknife. We can clearly define that this $25 million is going to be directed at that particular project, it's project-specific. I agree that as a government now governing all of the Northwest Territories, we're taking on a liability and signing a contract so that we've got contractual arrangements but I think it can be clearly defined as a western project and that it can be pointed to a particular cost centre. While I share the concern, I think it's specific enough that it will be very clear where the liability lies and where the asset will be billed. Thank you, Mr. Chairman.
John Pollard on Bill 18: Northwest Territories Energy Corporation Limited Loan Guarantee Act
In the Legislative Assembly on April 6th, 1995. See this statement in context.
Bill 18: Northwest Territories Energy Corporation Limited Loan Guarantee Act
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
April 5th, 1995
Page 880
John Pollard Hay River
See context to find out what was said next.