Thank you, Mr. Speaker. I think we're all aware of the announcement made earlier this week. Considerable debate has taken place both today and yesterday, and I'm sure the future debate is going to take place, with respect to the transitional and incremental costs. It's my understanding in my discussions and our discussions with Mr. Irwin, the $150 million for transitional and incremental costs; that's it. There are no additional costs at this time. That was my understanding of it. I suspect what will happen, Mr. Speaker, is that any additional costs required or any shortfall required will have to come out of the formula agreements that we have to arrange with the federal government. That's why this issue of the formula financing agreements for two new territories is of the utmost importance and priority to this government and to this Assembly. Thank you.
John Todd on Question 180-13(3): Gross Expenditure Base For Future Funding Formulas
In the Legislative Assembly on May 7th, 1996. See this statement in context.
Further Return To Question 180-13(3): Gross Expenditure Base For Future Funding Formulas
Question 180-13(3): Gross Expenditure Base For Future Funding Formulas
Item 6: Oral Questions
May 6th, 1996
Page 247
John Todd Keewatin Central
See context to find out what was said next.