Thank you, Mr. Chairman. Mr. Chairman, it seems to me there may be a huge difference in the types of mines that are involved here. In the case of Con and Giant, it seems as though all the workers live in the Northwest Territories and spend their money in the Northwest Territories. These other mines that have been brought up by the Members, I would suggest that most of the workers do not (did not for those that are closed other than Pine Point) live in the Northwest Territories, did not spend their money in the Northwest Territories, did not count as part of our population for the formula financing agreement. It is very difficult to compare those mines to Con and Giant. Similarly, exploration that is going on without mine or gas fields already producing, you cannot compare. What I would like to ask the Finance Minister is, how does population affect the formula financing agreement?
Roy Erasmus 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
Roy Erasmus Yellowknife North
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