The City of Yellowknife asked that consideration be given to removing the requirement for voter approval for long-term borrowing bylaws which are made in accordance with an approved debt management plan. The committee noted that although debt management plans require a public hearing process, they do not require voter approval. If the voter approval were no longer necessary for specific borrowing bylaws, there would be no mechanism for voters to veto a borrowing they do not want the municipal government to make. Members agree with the Minister and department that it is appropriate for voters to have an opportunity at some point in the process to approve or disapprove any borrowing and, therefore, did not support the city's request.