Thank you, Mr. Speaker. I am still the Minister of Finance for the territories and I think that I have to approach it in that light. I appreciate what my colleague is saying about his concern in terms of the future. We do not at this time recognize in terms on the fiscal side on the balance sheets any expenditures with respect to pay equity, to be very frank with you. I think that there is a huge disparity between our position and the UNW's as it relates to the cost and some of the conditions attached to it. I think that it is too early right now in the process to determine how that is all going to unfold. I know this much. If it is identified in the coming months as a liability and it is not right now because we do not view it that way, then we will have to work out some arrangement with respects to the asset/liability side of how we are doing things. That has to be fair and equitable, but at the end of the day, I would hope as Mr. Miltenberger asked me earlier today that we would be able to come to an arrangement that was affordable, was equitable and at the end of the day was fair to our employees because we want to keep these employees rather than have to lay them off in the future if we have any major fiscal catastrophes. Thank you.
John Todd on Question 506-13(4): Division Of Potential Pay Equity Liability
In the Legislative Assembly on May 30th, 1997. See this statement in context.
Return To Question 506-13(4): Division Of Potential Pay Equity Liability
Question 506-13(4): Division Of Potential Pay Equity Liability
Item 6: Oral Questions
May 29th, 1997
Page 1226
John Todd Keewatin Central
See context to find out what was said next.