Thank you, Mr. Chairman. In regard to these long-term leases where the authority, according to this, goes on forever, but we only approve money on an annual basis. If you are approving a budget for $10 million, which basically, is committing ourselves. Say, we sign 20 leases for $10 million each. You are talking major dollars that will have an impact on future governments or the future deficit of this government. How can we give somebody that type of authority, where they have no limit to how they can spend? Under these authorities, like you say, it seems like they are out there running hot shot. They have as much authority as they want to put themselves into with no limits. I think that for us to say that you only agree to a one-year term in regard to this, based on what is in the budget, but making long-term leases, we are making long-term commitments to this government.
David Krutko on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 16th, 1998. See this statement in context.
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
February 15th, 1998
Page 821
See context to find out what was said next.