Thank you, Mr. Chairman. What is the split, roughly? I recognize the Minister may not have the exact figures in front of him, but what would the split be between the corporate tax portion of that and royalties? My concern is that the Minister has said that this amount of money that will be paid in royalties and corporate taxes could make the Northwest Territories look like Alberta if we got to keep it. I think we have to remember that companies will always have to pay federal income taxes. Those are not going to be handed over to provincial or territorial governments. What are we talking about here if we look at royalties alone? That is really the base question I am asking.
Charles Dent on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on October 26th, 2001. 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
October 25th, 2001
Page 473
See context to find out what was said next.