The House will recess until 6:30. Thank you.
--- DINNER RECESS
Debates of May 28th, 1996
Topics
Committee Motion 13-13(3): To Amend Schedule To Bill 11, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
Committee Motion 13-13(3): To Amend Schedule To Bill 11, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
The Chair Jane Groenewegen
I'll call the House back to order. I would like to confirm with Mr. Ootes the order in which we'll be considering the bills. Can I just tell you what my understanding of the order is, and you could, perhaps, confirm it for me? Bills 13, 5, 8, 7, 12, 14.
Committee Motion 13-13(3): To Amend Schedule To Bill 11, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
May 28th, 1996
Page 721
The Chair Jane Groenewegen
Bill 13, Loan Authorization Act, 1996-97. Could I please ask the Minister responsible to make opening remarks?
Minister's Introductory
Remarks
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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John Todd
Madam Chair, the purpose of the Loan Authorization Act is to authorize the government to make loans to municipalities. It is a requirement of the Northwest Territories Act that the lending of government funds be authorized by the Legislative Assembly.
This act is an annual act which, for the 1996-97 fiscal year, will provide the authority to lend up to a maximum of $3.7 million to municipalities. This amount represents a decrease of $5.4 million from the $9.1 million authorized for the 1995-96 fiscal year.
The municipalities that have identified a requirement for loans are: Fort Simpson, in the amount of $150,000; Hay River,$600,000; Iqaluit, $1 million; Norman Wells, $350,000; and, Yellowknife, $1.46 million.
The total of the identified requirements is $3.56 million, which has been rounded to $3.7 million. Thank you, Madam Chair.
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
The Chair Jane Groenewegen
Thank you, Mr. Todd. The chairman of the Government Operations committee ... I'm sorry. Mr. Picco, would you like to make comments on behalf of the committee which reviewed the bill?
Standing Committee On Infrastructure Comments
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
Edward Picco Iqaluit
Thank you, Madam Chair. The Standing Committee on Infrastructure reviewed Bill 13, Loan Authorization Act, 1996-97, on May 23, 1996. Members discussed the bill with the Minister of Finance and agreed that it should be reported to Committee of the Whole.
Members will take this opportunity in Committee of the Whole to raise any specific questions that they may have. I may add, Madam Chair, that there was good discussion on the bill and I was quite pleased, personally, with it. Thank you.
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
The Chair Jane Groenewegen
Mr. Picco, thank you for that very sincere rendition of your notes. At this time, I will ask if the Minister has any witnesses he would like to bring in.
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
John Todd
Yes. Madam Chair.
I believe they're sitting waiting,
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
The Chair Jane Groenewegen
Thank you, Mr. Minister. I'll ask the Sergeant-at-Arms to escort the witnesses to the table.
Mr. Todd, for the record, could you please introduce your witnesses?
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
John Todd
Thank you, Madam Chair. On my immediate left is Mr. Tony Dawson, and on my immediate right is Mr. Eric Nielsen.
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
The Chair Jane Groenewegen
Thank you. Are there any general comments from the committee? A Member is calling for clause by clause. Agreed?
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 721
Some Hon. Members
Agreed.
--- Agreed Clause By Clause
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Some Hon. Members
Agreed.
--- Agreed
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Some Hon. Members
Agreed.
--- Agreed
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Some Hon. Members
Agreed.
--- Agreed
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Some Hon. Members
Agreed.
--- Agreed
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Some Hon. Members
Agreed.
--- Agreed
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Bill 13: Loan Authorization Act, 1996-97
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 722
Some Hon. Members
Agreed.
--- Agreed