Mr. Chairman, if I could round these numbers off a bit, they are not exact. Since we did the budget and presented the framework in February 2001, we have received roughly $60 million that was the one-time adjustment that Minister Martin agreed to make on the PL factor in our formula in the last fiscal year. However, we received it this year. Actually, it is the one-time $20 million of corporate taxes and then we are anticipating receiving here another roughly $80 million in one-time corporate taxes. That works out to roughly $160 million. Then of course there have been adjustments that have been made because of population numbers and other factors that came into play.
Joe Handley 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 466
See context to find out what was said next.