Thank you, Mr. Speaker. Mr. Speaker, yesterday a question was asked that unavoidably could not be answered. Today, Mr. Speaker, I will be asking that same question in a little different light. Mr. Speaker, my question is for the Minister of Economic Development and Tourism. Recently, the GNWT withdrew the commitment of $400,000 to the Arctic Co-ops to help set up a credit union. Mr. Speaker, these monies had to be reallocated because of the sunset clause with the EDA agreement, which was the federal agreement. Has the Minister identified other sources of funds to continue said commitment? Thank you, Mr. Speaker.
Question 132-13(3): Funding To Co-ops For Credit Unions
In the Legislative Assembly on May 2nd, 1996. See this topic in context.
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
Edward Picco Iqaluit
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
The Speaker Samuel Gargan
Minister of Economic Development and Tourism, Mr. Kakfwi.
Return To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
Stephen Kakfwi Sahtu
Thank you, Mr. Speaker. There has been no further discussion with the co-ops regarding that present initiative, although there has been an invitation extended to me to attend some functions with them next week and we will, perhaps, be having some discussions about their initiatives they may have that would require some attention on the part of the department. So I am unable to respond specifically to that question since I'm not certain of the status of that initiative, since I think the resources that were allocated by this government and other sources were sunsetted and the deadlines for completion of a package has passed some time ago. Thank you.
Return To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
The Speaker Samuel Gargan
Thank you.
Supplementary, Mr. Picco.
Return To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
Edward Picco Iqaluit
Mr. Speaker, will the Minister commit that when his department has the understanding or the idea when this commitment could be made, will he come back and inform this House so we will be aware of the commitment?
Return To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
The Speaker Samuel Gargan
Can I ask the Member to rephrase his question, to maybe request of the Minister some time lines?
Supplementary To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
Edward Picco Iqaluit
Thank you, Mr. Speaker. Yes, I will attempt to rephrase my question.
--- Interjection
Supplementary To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
Edward Picco Iqaluit
No, I will not be co-opted, Mr. Speaker. When does the Minister expect said funds to be in place?
Supplementary To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
The Speaker Samuel Gargan
Mr. Kakfwi.
Further Return To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
Stephen Kakfwi Sahtu
Mr. Speaker, I'm not certain about the status of the initiatives that brought on the questions. I'm not certain about any present allocation for resources that might be awaiting renewed initiatives on that particular part of the economy. Thank you.
Further Return To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
The Speaker Samuel Gargan
Thank you. Item 7, oral questions. Mr. Picco. Is this to the same Minister?
Supplementary To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 170
Edward Picco Iqaluit
Yes, it's a supplementary question. Maybe I should just backtrack and try again.
--Interjection
Supplementary To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 171
Edward Picco Iqaluit
I am consistent. I'm a model of consistency. The government had committed $400,000 to the Arctic Coops to help out with the credit union. Now because of the sunset agreement under the EDA, that was taken away. Has the government looked at replacing this $400,000 that was committed to the Arctic Co-ops from somewhere else within the consolidated revenue fund of the GNWT?
Supplementary To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 171
The Speaker Samuel Gargan
Thank you. Mr. Kakfwi.
Further Return To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
May 1st, 1996
Page 171
Stephen Kakfwi Sahtu
Mr. Speaker, as far as I know, the answer is no. That initiative is no longer on the table and no one has sent any letters to my office indicating that initiative would be followed up through any other avenue. Thank you.
Further Return To Question 132-13(3): Funding To Co-ops For Credit Unions
Question 132-13(3): Funding To Co-ops For Credit Unions
Item 7: Oral Questions
Page 171
The Speaker Samuel Gargan
Item 7, oral questions. Mr. Erasmus.