Mr. Speaker, would the Minister be aware of how much money that is that is held in the liquid funds by Pacific and Western at this time? Thank you.
Debates of Jan. 30th, 1998
Topics
Supplementary To Question 162-13(5): Details Of Aurora Fund Expenditures
Question 162-13(5): Details Of Aurora Fund Expenditures
Item 6: Oral Questions
Page 452
Supplementary To Question 162-13(5): Details Of Aurora Fund Expenditures
Question 162-13(5): Details Of Aurora Fund Expenditures
Item 6: Oral Questions
Page 452
The Speaker Samuel Gargan
Mr. Todd.
Further Return To Question 162-13(5): Details Of Aurora Fund Expenditures
Question 162-13(5): Details Of Aurora Fund Expenditures
Item 6: Oral Questions
Page 452
John Todd Keewatin Central
Thank you, Mr. Speaker. As I have said on a number of occasions, that while we are fully subscribed to both funds, and there is a difference of opinion on fully subscribed, as the money flows from the immigrants who receive approval for their Canadian citizenship, as that money flows in, 30 percent of that money goes into the liquid fund and the other goes into escrow for investment in northern businesses. It would be difficult today to determine an actual amount, but all I can tell you is that whatever monies have flowed through the system, $11 something million if my memory serves me correctly, 30 percent of that will be in a liquid fund and that is an agreement reached by all parties for them to back and to support fiscally, this Aurora Fund I and Aurora Fund II. Thank you.
Further Return To Question 162-13(5): Details Of Aurora Fund Expenditures
Question 162-13(5): Details Of Aurora Fund Expenditures
Item 6: Oral Questions
Page 452
The Speaker Samuel Gargan
Thank you. Oral questions. Final supplementary, Mrs. Groenewegen.
Supplementary To Question 162-13(5): Details Of Aurora Fund Expenditures
Question 162-13(5): Details Of Aurora Fund Expenditures
Item 6: Oral Questions
Page 452
Jane Groenewegen Hay River
Thank you, Mr. Speaker. What kinds of things can this company that holds securities and escrow on behalf of the Aurora Fund, what kinds of things can they in turn invest this money in? Thank you, Mr. Speaker.
Supplementary To Question 162-13(5): Details Of Aurora Fund Expenditures
Question 162-13(5): Details Of Aurora Fund Expenditures
Item 6: Oral Questions
Page 452
The Speaker Samuel Gargan
Mr. Todd.
Further Return To Question 162-13(5): Details Of Aurora Fund Expenditures
Question 162-13(5): Details Of Aurora Fund Expenditures
Item 6: Oral Questions
Page 452
John Todd Keewatin Central
Thank you, Mr. Speaker. I would imagine it would be blue chip investments because they want the ability to be liquid. The Pacific Western holds onto that. The escrow account is run by the Bank of Montreal. I think it is important to point out that it is not something that you just leave and sit there. Under the rules and regulations of the Immigrant Investment Fund, we have to get the money out within 75 days and lent to northern businesses. On the investment side that money has to be out within 75 days, I think it is 75 days on the liquidity side that remains in place until the fund is paid back in the fifth year. Thank you.
Further Return To Question 162-13(5): Details Of Aurora Fund Expenditures
Question 162-13(5): Details Of Aurora Fund Expenditures
Item 6: Oral Questions
Page 452
The Speaker Samuel Gargan
Thank you. Oral questions. Mr. Ootes.
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 452
Jake Ootes Yellowknife Centre
Thank you, Mr. Speaker. My question is for the Minister of Education regarding violence in the schools. I wonder if the Minister could tell us, this is a very serious issue in the territories and I wonder if outside of the policy area, if the department is working at addressing the concerns that teachers have with violence.
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 452
The Speaker Samuel Gargan
The Minister of Education, Culture and Employment, Mr. Dent.
Return To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 452
Charles Dent Yellowknife Frame Lake
Thank you, Mr. Speaker. Mr. Speaker, I believe I said in my first response to the Member that I have in fact met with the president of the NWTTA and have agreed to work with her and our partners at the divisional education councils to address this issue further. Thank you, Mr. Speaker.
Return To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
The Speaker Samuel Gargan
Thank you. Oral questions. Supplementary, Mr. Ootes.
Supplementary To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
Jake Ootes Yellowknife Centre
Thank you, Mr. Speaker. I wonder if the Minister could tell us what possible areas could be looked at in addressing this concern?
Supplementary To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
The Speaker Samuel Gargan
Mr. Dent.
Further Return To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
Charles Dent Yellowknife Frame Lake
Thank you, Mr. Speaker. I suppose I could say that we would look at all areas. We have agreed to work with the association and the divisional education councils. The door is wide open to look at the different options. Thank you, Mr. Speaker.
Further Return To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
The Speaker Samuel Gargan
Thank you. Oral questions. Supplementary, Mr. Ootes.
Supplementary To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
Jake Ootes Yellowknife Centre
Thank you, Mr. Speaker. This government has a zero tolerance policy, it applies both to the Legislative Assembly here and the territorial government. Have the teachers been made aware of this policy and have they been given a copy of that policy?
Supplementary To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
The Speaker Samuel Gargan
Mr. Dent.
Further Return To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
Charles Dent Yellowknife Frame Lake
Thank you, Mr. Speaker. I have some familiarity with the policy. As I understand, it applies to the Members of this Legislative Assembly only, not to employees of this government. Since I introduced that bill in this House, I am pretty confident it only applies to Members of the Assembly. I do not know if teachers have been handed copies of that bill. They would not have been handed copies of that bill by my office. Thank you, Mr. Speaker.
Further Return To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
The Speaker Samuel Gargan
Thank you. Oral questions. Final supplementary, Mr. Ootes.
Supplementary To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
Jake Ootes Yellowknife Centre
Thank you, Mr. Speaker. If it applies to the Legislative Assembly, certainly we must have something that also applies within the public service, that the teachers can turn to. Could the Minister perhaps enlighten us on that? Thank you.
Supplementary To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
The Speaker Samuel Gargan
Mr. Dent.
Further Return To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
Charles Dent Yellowknife Frame Lake
Thank you, Mr. Speaker. I guess I am not quite sure where the Member is going with this question. In a previous response to him today, I indicated the Education Act requires every divisional educational council to have a policy on violence in the schools. That policy is required of every divisional educational council in the Northwest Territories. That is the policy that must be followed by teachers in every classroom. Thank you, Mr. Speaker.
Further Return To Question 163-13(5): Addressing Violence In Schools
Question 163-13(5): Addressing Violence In Schools
Item 6: Oral Questions
Page 453
The Speaker Samuel Gargan
Thank you. Oral questions. Mr. O'Brien.
Question 164-13(5): Authority For Lease Approvals
Item 6: Oral Questions
January 29th, 1998
Page 453
Kevin O'Brien Kivallivik
Thank you, Mr. Speaker. My question is to the Premier in reference to leases and extension of leases. Can the Premier tell this House if deputy ministers have a ceiling or a limit on what they can sign for, whether it is $10 million or $20 or $200,000 in reference to any leases?