Mr. Speaker, we certainly haven't gotten anything conclusive from the finance Minister or from his officials on the five percent. That is one item. We are also looking at other items that all inter-relate and will be part of the formula that achieves a balance for us. Those other ones are per capita and the provincial local expenditure ratio between us and the other provinces and the other one is tax effort adjustment. So as we look at the five percent, all those factors we look at as a package to see what mix would give us the best rate of return on the investments in the North. Thank you.
Joe Handley on Question 8-14(6): Formula Financing Negotiations
In the Legislative Assembly on February 12th, 2003. See this statement in context.
Further Return To Question 8-14(6): Formula Financing Negotiations
Question 8-14(6): Formula Financing Negotiations
Item 6: Oral Questions
February 11th, 2003
Page 32
See context to find out what was said next.