Thank you, Mr. Speaker. Mr. Picco does not need to talk to the Finance Minister, he needs a chartered accountant. I mean, we have gone through this I do not know how many times. The projected deficit was somewhere in the region of $150 million dollars, the 2-year deficit elimination strategy meant that we had to take $160 million out of the system this last. And we have got another $100 plus million we have to take out this year to meet a balanced budget in 1997 which would then leave us with an accumulated deficit of somewhere in the region of $80 million. Have I made it clear, Mr. Picco?
John Todd on Question 432-13(3): Current Deficit Of The GNWT
In the Legislative Assembly on October 8th, 1996. See this statement in context.
Further Return To Question 432-13(3): Current Deficit Of The GNWT
Question 432-13(3): Current Deficit Of The GNWT
Item 6: Oral Questions
October 7th, 1996
Page 975
John Todd Keewatin Central
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