Thank you very much, Madam Chair. On my immediate right is Mr. Lew Voytilla who is the Comptroller General, secretary to FMB and all-around good guy. Thank you.
Debates of Feb. 19th, 1996
Topics
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
John Todd Keewatin Central
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
The Chair Jane Groenewegen
Are there any general comments on the bill? If there are no questions, could we proceed with the detail?
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Some Hon. Members
Agreed.
---Agreed
Department Of Executive
Executive Council Secretariat
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
The Chair Jane Groenewegen
Members will find the detail under tab one in your green binders. Page 5, Department of Executive, operations and maintenance, executive offices, Executive Council Secretariat, not previously authorized, negative $77,000.
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Some Hon. Members
Agreed.
---Agreed
Financial Management Board Secretariat
Human Resource Management
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
The Chair Jane Groenewegen
Financial Management Board Secretariat, human resource management, negative $102,000.
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Some Hon. Members
Agreed.
---Agreed
Personnel Secretariat
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
The Chair Jane Groenewegen
Page 7, Personnel Secretariat, not previously authorized, negative $7,000.
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Some Hon. Members
Agreed.
---Agreed
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Some Hon. Members
Agreed.
---Agreed
Department Of Finance
Revenue And Asset Management
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
The Chair Jane Groenewegen
Under the Department of Finance, operations and maintenance, revenue and asset management, not previously authorized, $3 million.
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Some Hon. Members
Agreed.
---Agreed
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 18th, 1996
Page 71
Jake Ootes Yellowknife Centre
What is the interest rate that the Government of the NWT pays to borrow money?
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
John Todd Keewatin Central
Our overall interest cost is somewhere in the region of 6.75 per cent.
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
The Chair Jane Groenewegen
It was 6.75 per cent. I was just repeating that. Just to give people a chance at the microphones, we should address the questions through the chair. Any further questions? Mr. Ootes.
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Jake Ootes Yellowknife Centre
Thank you, Madam Chair. Is this a fixed rate that is fixed for the term of the revolving loan?
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
John Todd Keewatin Central
That is the projected percentage of interest that we are going to pay because it depends on when we go into the market. The market is up and down, as the honourable Member knows. That is an overall projection of what we think our average cost will be. Thank you.
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
The Chair Jane Groenewegen
Any further questions? Total department, not previously authorized, $3 million.
Bill 1: Supplementary Appropriation Act, No. 2, 1995-96
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 71
Some Hon. Members
Agreed.
---Agreed
Department Of Justice
Law Enforcement