Thank you, Mr. Speaker. Mr. Speaker, last year the GNWT was forced to cut about $100 million from the territorial budget in order to meet the targets of the Deficit Elimination Act. This year, once again, we are looking at reducing the same amount, if not more, to meet these targets. My question is to the Minister of Finance. What are the legal consequences if the deficit elimination targets are not met?
Kevin O'Brien on Question 497-13(3): Consequences Of Not Meeting Reduction Targets
In the Legislative Assembly on October 16th, 1996. See this statement in context.
Question 497-13(3): Consequences Of Not Meeting Reduction Targets
Item 6: Oral Questions
October 15th, 1996
Page 1180
Kevin O'Brien Kivallivik
See context to find out what was said next.