Thank you, Mr. Chairman. Following up on Mr. Roland's comments, last year and in this proposed budget when it is passed, the Territories will have eliminated approximately, for round figure's sake, 900 positions. The related positions in each community that will also disappear will have a substantial reduction in the amount of taxes received by the federal government. The Minister has confirmed in this House that the reduction in taxes going to the federal government does not impact the formula financing. We still get the full amount of formula financing. My question is, at what time or what point does the federal government say, okay look we have a formula financing in place, we were collecting this amount of taxes, we are not collecting this amount of taxes now, we are going to cut back again?
Seamus Henry on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 10th, 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
February 9th, 1997
Page 518
Seamus Henry Yellowknife South
See context to find out what was said next.