Mr. Chairman, the CPI is only one of a number of factors that the Board of Director's considers in making its recommendation to the Minister. In fact, the first and foremost consideration is to position the YMIR in a range of 70 to 80 percent of the full income of the average wage earner in the Northwest Territories. There are other considerations, one of which is the employers ability to pay, as well as the cost of living, and the board has purposely not tied itself to indexation of any kind, including the CPI.
Mr. Meier on Bill 15: An Act To Amend The Workers' Compensation Act
In the Legislative Assembly on October 14th, 1997. See this statement in context.
Bill 15: An Act To Amend The Workers' Compensation Act
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
October 14th, 1997
Page 1583
Meier
See context to find out what was said next.