Thank you, Mr. Chairman. On behalf of the Standing Committee on Government Operations, I would like to commend the government and all Members and standing committees of the Legislature for complying with the provisions of the Deficit Elimination Act. The unaudited financial statements indicate a deficit of $12.4 million for the fiscal year 1996-97. This is certainly well within the legal requirement of an allowable deficit of $45 million as prescribed in the Deficit Elimination Act. Again, on behalf of all Members, I would like to acknowledge the contribution of all GNWT employees and NWT residents who endured and who are still enduring the impacts of the budget reduction measures implemented by this Legislature in our efforts to meet our fiscal goals. As Members of this Assembly, we will continue to ensure that this government is fiscally responsible in terms of meeting the requirements of the Deficit Elimination Act, particularly as we approach April 1, 1999, and the creation of two financially viable territories. Thank you, Mr. Chairman.
Roy Erasmus on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on October 16th, 1997. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
October 15th, 1997
Page 1637
Roy Erasmus Yellowknife North
See context to find out what was said next.