Mr. Speaker, given the priorities of our government, which are primarily to support the economic development and the opportunities we have, and to continue to meet the social development needs of our people, then I expect that we will continue to see demands on our resources outstripping our revenues. Now, we want to turn that around as quickly as we can, but we are not going to be able to do it within a year or two. It is probably going to take us several years to see us move to a positive budget. The formula we have with the federal government, the financing formula, ends in 2004. We are in the beginning stages of negotiating that. I do not expect that we are going to see a turnaround until we have a better financing arrangement with Canada. Thank you.
Joe Handley on Question 438-14(5): Potential Impacts Of Federal Surplus
In the Legislative Assembly on October 30th, 2002. See this statement in context.
Further Return To Question 438-14(5): Potential Impacts Of Federal Surplus
Question 438-14(5): Potential Impacts Of Federal Surplus
Item 6: Oral Questions
October 29th, 2002
Page 1285
See context to find out what was said next.