Mr. Speaker, no, the Power Corporation is not losing money on existing rates. They are operating on interim rates for the time being until their phase 2 application is through the PUB process. If they were to continue at the present rates as at the interim rates, they would not meet the targets that we have set for them. I believe that target is to pay us a dividend of roughly $4 million. Thank you.
Joe Handley on Question 345-14(5): Role Of The Northwest Territories Power Corporation Board Of Directors
In the Legislative Assembly on October 17th, 2002. See this statement in context.
Further Return To Question 345-14(5): Role Of The Northwest Territories Power Corporation Board Of Directors
Question 345-14(5): Role Of The Northwest Territories Power Corporation Board Of Directors
Revert To Item 7: Oral Questions
October 16th, 2002
Page 1006
See context to find out what was said next.