Thank you, Mr. Chairman. How the Northwest Territories Housing Corporation reports these types of expenditures is that we have two different types. One are assets that we build through the rental portfolio that we capitalize on our books and that is part of the capital acquisition plan. Then we also have projects for resale, which includes all of our homeownership programs, where we sell them to clients and take back subsidized mortgages. This project will have no impact on the budget for the Corporation. What it means is a transfer of the $500,000 from the grants and contributions to the capital acquisition plan. Thank you.
Mr. Anderson on Committee Motion 19-14(3): Recommendation That The GNWT Not Make Any Further Reductions In Funding To The Northwest Territories Transportation System (carried)
In the Legislative Assembly on July 5th, 2000. See this statement in context.
Committee Motion 19-14(3): Recommendation That The GNWT Not Make Any Further Reductions In Funding To The Northwest Territories Transportation System (carried)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
July 5th, 2000
Page 526
Anderson
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