The whole issue of division and assets and liabilities is, we have a table and the assets and liabilities sides are working very effectively and moving expeditiously to identify what is east and what is west. There will be a number of areas where we have what we call a trapped asset that we are going to have to work out some arrangement with our partners. A level head has to prevail here, and you have to crank down the rhetoric and we have got to, at some point, reach the appropriate compromise that meets all the needs of the territories, whether you are living in Fort Smith or Iqaluit. There is no question that the NWT Power Corporation and, for that matter, the Workers' Compensation Board are very difficult issues at the present time. We are leaving it up to the negotiators at this time to try to reach a compromise with all the partners around the table so we can move forward in a fair and equitable manner. Ultimately, we will come to an arrangement that is in the best interest of all northerners, not one particular section of the country or the other. Thank you.
John Todd on Question 571-13(5): Equitable Division Of Assets And Liabilities
In the Legislative Assembly on May 28th, 1998. See this statement in context.
Return To Question 571-13(5): Equitable Division Of Assets And Liabilities
Question 571-13(5): Equitable Division Of Assets And Liabilities
Item 6: Oral Questions
May 27th, 1998
Page 1468
John Todd Keewatin Central
See context to find out what was said next.