Yes, thank you, Mr. Speaker. We have hired the mediator or facilitator, if you want, in an effort to get all parties back to the table to reach an appropriate compromise, as I said earlier. Optimistically we hope that common sense will prevail and the interests of territorial residents will be of paramount importance, in whatever decisions we make. I can say and the Minister has talked about it, Mr. Dent, consistently that there is a cost attached to the dividing up of the NWT Power Corporation. It will affect us all. I think it is very important that be said publicly. My understanding, if my memory serves me correctly, as I always like to qualify my statements, as my friend, Mr. Picco does, is it could be as much as 9 percent in the eastern Arctic and 5 percent in the west. As long as everybody understands the ramifications and the long-term costs associated with the dividing of the Power Corporation, the position of this government has been consistent, that we should remain as one at this time. We should find the appropriate compromise that satisfies people in terms of its corporate modus operandi, how its board of directors will operate, et cetera. The implications are significant if we cannot reach a compromise and an arrangement that will satisfy everybody in terms of the overall costs to the people we represent and the people out there in the Arctic, east or west. Thank you.
John Todd on Question 575-13(5): Resolution Of Nwtpc Continuation Issues
In the Legislative Assembly on May 28th, 1998. See this statement in context.
Return To Question 575-13(5): Resolution Of Nwtpc Continuation Issues
Question 575-13(5): Resolution Of Nwtpc Continuation Issues
Item 6: Oral Questions
May 27th, 1998
Page 1471
John Todd Keewatin Central
See context to find out what was said next.