Thank you. I believe the mike was off on your side. I believe he said, "$2 to 3 million".
Debates of Feb. 6th, 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
Page 458
The Chair John Ningark
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 458
John Todd Keewatin Central
Yes.
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 458
The Chair John Ningark
Thank you. We are on information item. Mr. Steen.
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 458

Vince Steen Nunakput
Thank you, Mr. Chairman. Mr. Chairman, could the Minister indicate what level communities the majority of these units are located in?
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 458
The Chair John Ningark
Thank you. Do you have that information available, Mr. Minister?
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 458
John Todd Keewatin Central
Yes, I do. Most of these leases, I think probably all of them, are in level two and level three communities. Communities like Arctic Bay, Fort Providence, Fort Simpson, Iqaluit, Lake Harbour, Pangnirtung, Tuktoyaktuk, Rankin Inlet, those kind of communities, Broughton Island, Arviat, Qaminetuaq, Kugluktuk.
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 458
The Chair John Ningark
Thank you. Mr. Steen.
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 458

Vince Steen Nunakput
Mr. Chairman, on page 2-38, it shows revenue from the leases of $200,000 per year. Does this represent then a loss of almost $9 million a year, not counting O and M?
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 458
The Chair John Ningark
Thank you. Mr. Todd.
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 458
John Todd Keewatin Central
The $200,000 is where we may be leasing units to third parties, that is where we get the revenues from.
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 458
The Chair John Ningark
Thank you. Information item, schedule of lease budget requirements. Mr. Miltenberger. Sorry. Mr. Steen.
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 458

Vince Steen Nunakput
Mr. Chairman, I do not wish to jump ahead in here, but could the Minister give me an idea then, what is the revenue from these leased units per year?
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 458
The Chair John Ningark
Thank you. Mr. Minister.
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 458
John Todd Keewatin Central
Between leased and owned, and of course we are selling off our own units daily, very exciting, it is somewhere in the region of $6 million of revenues. I quantify it by saying that is leased plus owned revenues that we generate, and as I said, we are selling off the houses daily, in
the exciting drive towards private ownership in our communities.
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 459
The Chair John Ningark
Thank you. Mr. Steen.
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 459

Vince Steen Nunakput
Thank you, Mr. Chairman. Mr. Chairman, just for clarification, I am not referring at this point to the houses. I am referring strictly to the leased units. I understand the Minister to say that we may generate up to $6,000,000 in revenue, which is offset by the $9,170,000 in expenditures, plus $2 to 3 million in O and M costs, which means a roughly $6,000,000 loss per year. Is that correct?
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 459
The Chair John Ningark
Thank you. Mr. Minister.
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 459
John Todd Keewatin Central
Absolutely. That is correct. Yes, we subsidize our housing and that is why we are getting out of it, quite frankly, Mr. Chairman. That is why we have made this wonderful offer to our employees. Yes, there is a deficit, if you want, in that particular financial line, and we spend this and receive that and there is a shortfall. 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
Page 459
The Chair John Ningark
Thank you. The allotted time for the allotted member for Nunakput is up. On the schedule of lease budget requirements. Mr. Miltenberger.
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 459

Michael Miltenberger Thebacha
Thank you, Mr. Chairman. I am not quite clear on the way this page is laid out. This year, 1997-98 will have $9 million in projected lease commitments? Is that correct?
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 459
The Chair John Ningark
Thank you. Mr. Minister.
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 459
John Todd Keewatin Central
Yes, that is what we are committed to as of March 31, 1997, $9,170,000 of lease expenditures in the units that we have out there. 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
Page 459
The Chair John Ningark
Thank you. Mr. Miltenberger.
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 459

Michael Miltenberger Thebacha
Could the Minister indicate once again, for my own edification, what we mean by long term? Is that five years?
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 459
The Chair John Ningark
Thank you. Mr. Todd.