Mr. Speaker, I have a return to written question asked by Mr. Dent on July 6, 2000, regarding the ownership of the treatment facilities.1. Canada Mortgage and Housing Corporation (CMHC) holds the first mortgage on the detox facility on Franklin Avenue and the Dettah Road facility known as the Northern Addictions - Rehab.
- The Government of the Northwest Territories does not guarantee the mortgages for either facility, rather we indemnify CMHC against any losses should Northern Addictions Services (NAS) default on their mortgage payments.
- NAS owns the Rehab facility on the Dettah Road and the NWT Housing Corporation just recently (October 20, 2000) took title to the Franklin Avenue Detox project.
- In an effort to protect the Rehab facility from possible freeze ups, the Housing Corporation covered various utilities, building maintenance costs and building security. In total, the Housing Corporation provided close to $40,000 towards utilities, maintenance and building security. The Housing Corporation is currently recovering this additional funding from NAS.
- The Housing Corporation administers both a first and a second mortgage on the Northern Addictions Rehab facility. The outstanding balance on the first mortgage is $2,820,823.52 and the second mortgage balance is $105,861.96.