Thank you, Mr. Kakfwi. Mr. Roland.
Debates of Feb. 27th, 1997
Topics
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Floyd Roland Inuvik
Thank you, Mr. Chairman. Does the department have information available on how the different regions will be affected by this reduction?
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 945
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Jake Ootes Yellowknife Centre
Thank you, Mr. Chairman. Regarding the Western Harvester Support Program, does the federal government match the contribution that is made by the territorial government?
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 945
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Jake Ootes Yellowknife Centre
Thank you, Mr. Chairman. Does the federal government contribute an equal amount in the case of the Nunavut Hunters Income Support Program?
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Stephen Kakfwi Sahtu
No, Mr. Chairman, the federal government does not contribute there either. Thank you.
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Jake Ootes Yellowknife Centre
Thank you, Mr. Chairman. I would like to move on to the NWT Development Corporation which is part of this particular details of grants and contributions under resource management and economic development. The 1996-97 revised forecast had $11 million dollars and the 1997-98 contribution is $6 million dollars. Could the Minister tell us what the $5 million dollar difference is for, please?
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Stephen Kakfwi Sahtu
Thank you. That blip is attributed to the Mortgage Investment Fund that was supposed to be set up. The $5 million that is shown as a blip is going to be lapsed. Thank you.
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Jake Ootes Yellowknife Centre
So if we have a lapse of $5 million dollars, Mr. Chairman, does that mean that we have $5 million dollars left over this year in our general revenue fund and is that available for expenditures in other areas?
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Stephen Kakfwi Sahtu
Mr. Chairman, for greater certainty, the question should go to the Minister of Finance. I do believe that he was aware a few months ago that money would lapse and has taken that into consideration in preparing his budget outlook. Thank you.
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Jake Ootes Yellowknife Centre
The $6 million dollars that is contributed looks like it is done on an annual basis, Mr. Chairman. I wonder if the Minister could tell us what this $6 million dollars is for. Why does the Development Corporation need a further $6 million dollar injection this year, when it has been done for several years?
I am assuming that the corporation is running a number of companies and that, of those companies, presumably some should be profitable by now. I am wondering if the Minister could identify where this money goes within the Development Corporation.
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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Stephen Kakfwi Sahtu
Thank you. I believe that we tabled a report--if we did not, we should have--of the NWT Development Corporation. I know we made it available to the standing committee. What that $6 million is for is to continue to provide a subsidy to operate those businesses that the Development Corporation was originally mandated to set up. That is, to create employment in regions and communities where there is little prospect for investment by any other source, investing money and subsidizing businesses that have little or very low prospects of getting a return, in order to create employment opportunities.
As you know, we have a new president for the Development Corporation, who has undertaken the rather ambitious workload to look at ways in which we could diminish the dependency that these subsidies, these business entities have on continued subsidies--to look at ways we could create more efficiency and looking at market plans, for instance. But at this time, it is holding at this figure of roughly a little over $6 million a year that we require on an annual basis. Thank you.
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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