Petroleum products, operations expense, total operations expense, $749,000.
Debates of March 11th, 2003
This is page numbers 645 - 700 of the Hansard for the 14th Assembly, 6th Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was chairman.
Topics
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Some Hon. Members
Agreed.
---Agreed
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Some Hon. Members
Agreed.
---Agreed
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Some Hon. Members
Agreed.
---Agreed
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Some Hon. Members
Agreed.
---Agreed
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Some Hon. Members
Agreed.
---Agreed
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Charles Dent Frame Lake
Thank you, Mr. Chairman. Just one of the lines here at the top of the page says that operating expenses are recovered through the price structure to achieve a break-even operation. I was wondering if I could ask the Minister if that is the case? Does the petroleum products revolving fund actually break even?
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Vince Steen Nunakput
Thank you, Mr. Chairman. Mr. Chairman, may I redirect the question to Mr. Aumond.
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Aumond
Thank you, Mr. Chairman. The intent of the petroleum products revolving fund is to break even after a year's worth of operations and, as evident by the sheet in front, we've been unable to achieve that objective. I might add that's why we have the stabilization fund which is to make up for any losses or surpluses of the fund on a year over year basis. Thank you, Mr. Chairman.
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Charles Dent Frame Lake
Thank you, Mr. Chairman. The intent is to break even after a year's operation, but how often are prices moved in relation to what the purchase is? If the government purchases oil at one price, if the price is higher than what it was say two months ago, is the price that we sell the fuel at raised to reflect the new purchase price or do we maintain the same price for perhaps longer than a year at a time?
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Aumond
Thank you, Mr. Chairman. Every year after either the winter road resupply or the summer barge resupply, we take an accounting of what our costs are for those shipments and look at our cost versus the previous year. If it is higher, what we do is we advise the Financial Management Board of that and the Financial Management Board will then make a decision upon whether to raise prices or not. Thank you, Mr. Chairman.
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664
Charles Dent Frame Lake
Thank you, Mr. Chairman. Have prices been raised to match the increased cost over the last four years, Mr. Chairman?
Committee Motion 10-14(6) To Extend The Three-year Replacement Cycle For Desktop Computers, Carried
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 664