This is page numbers 171 - 199 of the Hansard for the 13th Assembly, 5th Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was chairman.

Topics

Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

Edward Picco Iqaluit

Thank you, Mr. Speaker. Mr. Speaker, in response to an oral question given today by Mr. Todd concerning the Aurora Investment Fund, Mr. Todd explained that there is no legal barrier to a loan being made by the Aurora fund to an Ordinary Member or to a Minister, to a corporation in which he or she has an interest as long as the Member or Minister is not an officer or director of the Aurora fund. It will take me sometime to digest that. I would like to follow up on a question concerning the rules and regulations of the fund. I am wondering if the Minister is able at this time to table rules and regulations guiding the Aurora fund.

Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

The Speaker Samuel Gargan

The Minister of Finance, Mr. Todd.

Return To Question 31-13(5): Aurora Fund Investment Policies
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

John Todd Keewatin Central

Thank you, Mr. Speaker. Well, first of all, let me applaud my honourable colleague for having me re-examine the conditions of the Aurora fund and given that, I was given a reading this morning in relationship to Members and the Ministers. It is perhaps very important that we ensure that there is transparency in this fund. I am prepared to do whatever is necessary to reassure the public and to reassure my colleague with respect to this fund. Now I understand all the more clearly how the definition we have in relationship to politicians. I think it is imperative now that there will be transparency in that to ensure the public realizes what the conditions and the criteria are to set the fund. So I am prepared to table whatever is necessary to reassure the public and I want to thank my honourable colleague for bringing this to my attention earlier last week.

Return To Question 31-13(5): Aurora Fund Investment Policies
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

The Speaker Samuel Gargan

Thank you. Oral questions. Supplementary, Mr. Picco.

Supplementary To Question 31-13(5): Aurora Fund Investment Policies
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

Edward Picco Iqaluit

Thank you, Mr. Speaker. Mr. Speaker, I am very pleased to see that the Minister again is willing to table. I wonder when will he be tabling that in this House? Will that be today?

Supplementary To Question 31-13(5): Aurora Fund Investment Policies
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

The Speaker Samuel Gargan

Mr. Todd.

Further Return To Question
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

John Todd Keewatin Central

I would like to be in a position to do that. I am not. I will provide all the Members by letter what the conditions and criteria are for the fund. I am going to check with the fund managers and see just how far we can go. I am going to take it right to the edge as Mr. Picco frequently says to ensure there is transparency for the public and for this House in relationship to this fund. I am doing that primarily because the interpretation I received with respect to politicians et cetera in this access to this fund. I want to be clear that everybody understands that it is my intention to make sure that happens. I will do it by letter form and I will table it publicly when the House meets in December. Thank you.

Further Return To Question
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

The Speaker Samuel Gargan

Thank you. Oral questions. Supplementary, Mr. Picco.

Supplementary To Question 31-13(5): Aurora Fund Investment Policies
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

Edward Picco Iqaluit

Thank you, Mr. Speaker. Mr. Speaker, the tabling of the regulations and rules guiding the fund, I think it had been long overdue, but I do congratulate the government and the Minister for being willing to table this and I would be looking forward to seeing that on December 2nd. I think it is a date that this House will be sitting again after today.

I would like to follow up with the Minister if he is going to table the rules and regulations, is it possible then to have the number of loans given tabled also with the amount of jobs that have been created, the total amount that has been loaned out to date, and the industry sectors. Not once, Mr. Speaker, have I asked this House who got the loans. Thank you.

Supplementary To Question 31-13(5): Aurora Fund Investment Policies
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 183

The Speaker Samuel Gargan

Thank you. Mr. Todd.

Further Return To Question 31-13(5): Aurora Fund Investment Policies
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 184

John Todd Keewatin Central

Yes, Mr. Speaker. I would hope that I would be able to get that information to my honourable colleagues before December 2nd, and I will make a commitment to table whatever is necessary to assure the public and the Legislative that there is transparency in this process. Again, I am doing it primarily because of the interpretation I received yesterday of who can apply for the fund. If, in fact, Ordinary Members can apply for the fund, et cetera; then I want to make sure that the public at large sees the transparency. I will only be too happy to do that and once again, I would like to congratulate my colleague who has been vigilant in protecting the interests of the public on this important and exciting venture called the Aurora fund.

Further Return To Question 31-13(5): Aurora Fund Investment Policies
Question 31-13(5): Aurora Fund Investment Policies
Item 6: Oral Questions

Page 184

The Speaker Samuel Gargan

Thank you. Oral questions. Mr. O'Brien.

Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

Kevin O'Brien Kivallivik

Thank you, Mr. Speaker. Mr. Speaker, over the last few days, we heard a lot about transparency, openness, so on and so forth. Mr. Speaker, my questions are going to be directed toward the Premier. Mr. Speaker, when we took office approximately two years ago, just after being sworn in the first days of this Assembly, there was a report that was commissioned and I believe it was known as the Wallace report. Mr. Speaker, we were given at that time a one page excerpt from this report. I would like to ask the Premier if he can outline to this House exactly what this report was and what was the intent of the report? Thank you.

Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

The Speaker Samuel Gargan

Mr. Premier, two questions.

Return To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

Don Morin Tu Nedhe

Thank you, Mr. Speaker. I believe that report was from previous government and I do not think I will respond to the Member. I think I gave already one pager to the Members. I will have to check back. That was two years ago. I will check it. Thank you.

Return To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

The Speaker Samuel Gargan

Thank you. Mr. O'Brien, supplementary.

Supplementary To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

Kevin O'Brien Kivallivik

Mr. Speaker, I am not quite sure if I heard the Premier and his full answer, but I believe that he had indicated that there was that one page that he released from this report. It is my understanding that in this report, there was reference that this government was in conflict. It is not really clear as to what the details were and my question to the Premier is, is he prepared to release the full report, the Wallace report to this House? Thank you.

Supplementary To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

The Speaker Samuel Gargan

Mr. Morin.

Further Return To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

Don Morin Tu Nedhe

Thank you, Mr. Speaker. I think the Member was saying it was to his understanding that the government was in conflict. I cannot recall the report or what is in it. Maybe he read it ,and he would understand it better but as far as releasing the report, no. Thank you.

Further Return To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

The Speaker Samuel Gargan

Oral questions. Final supplementary, Mr. O'Brien.

Supplementary To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

Kevin O'Brien Kivallivik

Thank you, Mr. Speaker. Mr. Speaker, it will be very difficult for me to read the report that has not been released. Mr. Speaker, my question to the Premier is when we speak of openness, transparency, so on and so forth, why will the Premier not release this report? Thank you.

Supplementary To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

The Speaker Samuel Gargan

Mr. Morin.

Further Return To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

Don Morin Tu Nedhe

Thank you, Mr. Speaker. That was a report requested by the previous government. It was an internal document. I believe that the Wallace report is not to be released and it will not be released.

Further Return To Question 32-13(5): The Wallace Report
Question 32-13(5): The Wallace Report
Item 6: Oral Questions

Page 184

The Speaker Samuel Gargan

Oral questions. Mr. Roland.

Question 33-13(5): Education Board Policy Re: Automatic Pass
Item 6: Oral Questions

Page 184

Floyd Roland

Floyd Roland Inuvik

Thank you, Mr. Speaker. Mr. Speaker, my question would be directed to the Minister responsible for Education, Culture and Employment. Mr. Speaker, yesterday, during our questioning on the Mid-Term Review Process, I questioned the Minister on the automatic pass system that in place.

The Minister informed me that is a policy held by the boards and referred that he would have to go back and do some research to see if he gave me the same answer when we first came together in this Assembly. I must admit his version was correct. Based on that it is a board policy, for example in the Inuvik region, if the board, community, and parents of the community decide this is not a policy they want to see being followed, can that be changed at the community level and be followed with? Thank you.