Thank you, Mr. Chairman. Mr. Chairman, as I tried to indicate in committee earlier on today to a question, population is a critical factor in development of the formula. Any outward migration, when it gets caught up in statistics and if it is significant, would have a significant impact on our budget and on our transfer payments. If you take that we receive $17,000 per capita in transfer payments, I think no matter what the number is, the reality is that if you were to see Giant and the Con mine close tomorrow, in between the workers and their families, there are 1,000 people who leave and they are over 18. In simple math that would be a $17 million impact on our grant. Population is a significant factor in the development of our fiscal relationship with the federal government and the grant that we receive. Any massive outward migration would have a significant impact on our long term funding for the future of the Western Territory. Thank you.
John Todd on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on September 24th, 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
September 24th, 1998
Page 221
John Todd Keewatin Central
See context to find out what was said next.