This is page numbers 222 - 248 of the Hansard for the 13th Assembly, 6th Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was seniors.

Topics

Question 120-13(6): Cancer Studies In The Mackenzie Delta
Item 6: Oral Questions

Page 231

The Speaker Samuel Gargan

Thank you. The Minister of Health and Social Services, Mr. Ng.

Return To Question 120-13(6): Cancer Studies In The Mackenzie Delta
Question 120-13(6): Cancer Studies In The Mackenzie Delta
Item 6: Oral Questions

Page 231

Kelvin Ng Kitikmeot

Thank you, Mr. Speaker. Mr. Speaker, it is a very complicated issue and the Member has asked for a lot of detail that I do not have with me, so I will take that question as notice in order to get the proper information back to the Member. Thank you.

Return To Question 120-13(6): Cancer Studies In The Mackenzie Delta
Question 120-13(6): Cancer Studies In The Mackenzie Delta
Item 6: Oral Questions

Page 231

The Speaker Samuel Gargan

Thank you. The question is taken as notice. Oral questions. Mr. Roland.

Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 231

Floyd Roland

Floyd Roland Inuvik

Thank you, Mr. Speaker. Mr. Speaker, my question at this time is directed to the Minister responsible for FMBS. Mr. Speaker, this government has started a number of initiatives that were designed to help new or existing businesses to expand and make it a little easier for those businesses. One of the initiatives was the Aurora Fund and we have heard a number of times they had two programs and both, I believe were fully subscribed as they would say. I would like to know from the Minister as an update as to how are those funds being used. Is there still a lot of request for loans from that particular fund? Thank you.

Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 231

The Speaker Samuel Gargan

The Minister responsible for the Financial Management Board, Mr. Todd.

Return To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

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John Todd Keewatin Central

Thank you, Mr. Speaker. We deal with the request as they come forward from the investment committee through the investment manager, Mr. Bailey. I think it would be fair to say that we have not been inundated with request to be quite frank. We have dealt with them in an expeditious way. I do not know what the balance of the fund is sitting at right now off the top of my head, but I can get that for my honourable colleague as well as provide him with the full details of what money has been lent to date and for what type of industry. Thank you.

Return To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 231

The Speaker Samuel Gargan

Oral questions. Supplementary, Mr. Roland.

Supplementary To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

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Floyd Roland

Floyd Roland Inuvik

I would like to thank the Minister for that response and I look forward to receiving that information. Could he expand maybe a little bit here as to, initially it seemed like there was good uptake on that. Has it just been recently that the uptake slowed down? Thank you.

Supplementary To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

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The Speaker Samuel Gargan

Mr. Todd.

Further Return To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

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John Todd Keewatin Central

Thank you. The one thing about the Aurora Fund while it was a good initiative and it was one that as you know I was personally involved in, I really felt strong about getting this thing moved forward. When I say personally involved, I should clarify that by saying it was an initiative that I felt was important that we find new ways to bring new capital into the territories for the private sector to access. The question was, why is there not as much uptake as there was before, I do not know, to be quite honest with you. I know that we deal with the applications as they come forward in an expeditious way.

There is some limitations or a minimum in terms of lending. That may be one reason for it. It does not lend $10,000, $50,000, $100,000. It lends on the larger side of things. In a sense, compliments the business credit corporation which takes care of the smaller loans. I really could not tell my colleague why there has not been as much uptake as we would like, I know we are dealing with them as they come forward. Mr. Bailey is trying his best to let people know about it and there are applications approved on a regular basis. Thank you.

Further Return To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 231

The Speaker Samuel Gargan

Thank you. Oral questions. Supplementary, Mr. Roland.

Supplementary To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 231

Floyd Roland

Floyd Roland Inuvik

Thank you, Mr. Speaker. Could the Minister inform us, is there a timeline once the fund has been subscribed? Is there a timeline to lend that money and what happens after that timeline expires? Thank you, Mr. Speaker.

Supplementary To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 232

The Speaker Samuel Gargan

Mr. Todd.

Further Return To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 232

John Todd Keewatin Central

Thank you, Mr. Speaker. The way I understand the regulations is, when the money comes in from the investors, the potential immigrants, it is put in an escrow account and there is a timeline as to when that money is supposed to be out there working for the investor and working for the country as a whole. I believe, the timeline is either 75 days or 90 days, but I would have to double check on that. There is certainly a timeline from the time it is into escrow and the time it gets out to investment. Thank you.

Further Return To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 232

The Speaker Samuel Gargan

Thank you. Oral questions. Final supplementary, Mr. Roland.

Supplementary To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 232

Floyd Roland

Floyd Roland Inuvik

Thank you, Mr. Speaker. Could the Minister further inform us as to what occurs once that timeline has passed, if the money has not bee put into use? Thank you.

Supplementary To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 232

The Speaker Samuel Gargan

Mr. Todd.

Further Return To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 232

John Todd Keewatin Central

Well, that has not happened to date, but the theory behind is it should go back. We, in fact, would lose that accessible capital, but to-date that has not happened. Thank you.

Further Return To Question 121-13(6): Uptake On The Aurora Fund
Question 121-13(6): Uptake On The Aurora Fund
Item 6: Oral Questions

Page 232

The Speaker Samuel Gargan

Thank you. Oral questions. Mr. Erasmus.

Question 122-13(6): Seniors' Fuel Subsidy
Item 6: Oral Questions

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Roy Erasmus Yellowknife North

Thank you, Mr. Speaker. My question is for the Minister of Education, Culture and Employment.

As I indicated in my Member's statement, one of the concerns that was raised at the meeting last night, was the fact that the senior citizens fuel subsidy is not enough to supply fuel for the complete year. Many seniors are going through difficulties because of this. My question for the Minister is, whether he would consider increasing the fuel subsidy so that it would be enough for the seniors to have fuel for the whole year? Thank you.

Question 122-13(6): Seniors' Fuel Subsidy
Item 6: Oral Questions

Page 232

The Speaker Samuel Gargan

The Minister of Education, Culture and Employment, Mr. Dent.

Return To Question 122-13(6): Seniors' Fuel Subsidy
Question 122-13(6): Seniors' Fuel Subsidy
Item 6: Oral Questions

Page 232

Charles Dent

Charles Dent Yellowknife Frame Lake

Thank you, Mr. Speaker. I must note that I am quite happy that most of the seniors have left the gallery before this question comes up so that I am not seen as picking on seniors again. I am afraid the answer is no, we do not have the funds within the department to increase the program. It is important to point out that this is an assistance program. The Seniors' Fuel Subsidy Program is part of our Income Support Program. It never intended to cover the full cost of the senior's fuel during the winter. It was intended as a subsidy, which means to pay part of the cost, not the full cost.

The department is prepared to continue with the subsidy program as it is now, but to ensure equity and fairness to all residents of the north, all of our income support programs need to be tied together. That means, there has to be a coordinated approach. I am not going to start picking one subsidy or one part of our income support programs and saying this is the one we are going to increase perhaps at the expense of others. Thank you, Mr. Speaker.

Return To Question 122-13(6): Seniors' Fuel Subsidy
Question 122-13(6): Seniors' Fuel Subsidy
Item 6: Oral Questions

Page 232

The Speaker Samuel Gargan

Thank you. Oral questions. Supplementary, Mr. Erasmus.

Supplementary To Question 122-13(6): Seniors' Fuel Subsidy
Question 122-13(6): Seniors' Fuel Subsidy
Item 6: Oral Questions

Page 232

Roy Erasmus Yellowknife North

Mr. Speaker, what recourse is there if the fuel subsidy does not last through the whole year and the senior is experiencing difficulties? What can the senior do to alleviate that situation? Thank you.

Supplementary To Question 122-13(6): Seniors' Fuel Subsidy
Question 122-13(6): Seniors' Fuel Subsidy
Item 6: Oral Questions

Page 232

The Speaker Samuel Gargan

Mr. Dent.