Thank you, Mr. Chairman. I had a similar concern to Mr. Ootes on the $5 million dollar less for the NWT Development Corporation, but that has been explained as money for the Mortgage Investment Corporation. This $6,111,000 dollars for the Dev. Corp, does that include their O and M?
Debates of Feb. 27th, 1997
Topics
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Roy Erasmus Yellowknife North
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Roy Erasmus Yellowknife North
So this is actually a reduction then, is it?
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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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
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Roy Erasmus Yellowknife North
Thank you, Mr. Chairman. I was just looking back at 1995-96 and it is $70,000 less, I guess it does not matter because that was a reduction for last year, and this year it is actually going up $100,000 if we are taking off $5 million. So that is fine, thank you.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Seamus Henry Yellowknife South
Thank you, Mr. Chairman. Mr. Chairman, I looked through these four pages for a total of approximately $20 million dollars and I notice examples where funding is provided for economic development officers.
I would like to talk a moment about the economic development arm of the city of Yellowknife. Some years in the past, the Department of Economic Development and Tourism supported the city of Yellowknife through a contribution similar to what is happening with a number of other communities. I believe that those monies have been put to good use and not only for the city of Yellowknife, there is one initiative that they took on in trying to promote the Northwest Territories from the film point of view and it is a very heavy intensity of employment used in that particular industry. The spin-offs that have been generated in other communities from work done by the city of Yellowknife development officers created work performed in Iqaluit, some in Fort Simpson, and some in Fort Smith. I think that this position has demonstrated that there have been spin-offs to the Territories and not just localized.
As I look at these pages, my question to the Minister is where would the city of Yellowknife, especially in these difficult economic times where we have lost a number of employees and could use some financial support to try and get this worthwhile venture back on its feet, could the Minister point out to me on these pages where his department could be approached by city officials for some financial support in their economic development office? Thank you, Mr. Chair.
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
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Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Stephen Kakfwi Sahtu
Thank you, Mr. Chairman. There is no money specifically allocated in this budget for the fair city of Yellowknife. We have tried to maintain those things that we feel are of utmost importance, especially to the really hard done by communities. No doubt the city has done, and could do, continued good work that benefits people right across the territories.
If there are initiatives like that, as a Minister, certainly as a government, I think we would be prepared to look at it. I do not have anything specific to offer at this time. If there is a specific initiative advanced by the city of Yellowknife, I would be prepared to look at that. Thank you.
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Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 27th, 1997
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Jake Ootes Yellowknife Centre
Thank you, Mr. Chairman. I move that this committee recommends that the Minister of Resources, Wildlife, and Economic Development ensure that any company in which the Northwest Territories Development Corporation has a controlling provides financial statements to the Minister on an annual basis in a timely manner. Further, that these statements be provided to the Standing Committee on Resource Management and Development.
Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
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The Chair Vince Steen
Thank you, Mr. Ootes. Mr. Ootes, your motion is properly translated in the appropriate language and appears to be in order. To the motion. Mr. Ootes.
Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
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Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
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Jake Ootes Yellowknife Centre
Thank you, Mr. Chairman. The reason for this motion is that the Standing Committee on Resource Management would like to be able to review the financial reports of each of the corporations that the GNWT has a controlling interest in through the Development Corporation. Additionally, the Auditor General's report stated that companies and corporations in which the government is expecting annual reports, these are not received on a timely basis. I think we have included the word timely that would address that particular issue as well. Thank you, Mr. Chairman.
Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
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The Chair Vince Steen
Thank you, Mr. Ootes. To the motion. You have the final say, Mr. Ootes. Question is being called. All those in favour? Thank you. Opposed? The motion is carried. Mr. Ootes.
Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
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Jake Ootes Yellowknife Centre
Mr. Chairman, I would like to make a further motion that we extend sitting to complete this department.
Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
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The Chair Vince Steen
Thank you, Mr. Ootes. The motion is not debatable. All those in favour to extend sitting? Opposed? The motion is carried. We will extend sitting until we are finished with this department. I am back on contributions. Contributions. I would like to draw the committee's attention in consideration of an issue I wish to pursue under this item. I would like to request the concurrence of the committee to allow Mr. Roland to assume the chair of the committee. Do I have the agreement of the committee?
Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
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Some Hon. Members
Agreed.
Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
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Committee Motion 29-13(4): Recommendation To Provide NWT Development Corporation Subsidiaries' Annual Financial Statements To The Resource Management Committee
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The Chair Floyd Roland
Thank you. Under resources, wildlife, and economic development, under contributions. Total contributions, $20,313,000. Mr. Steen.