Thank you, Mr. Chairman. The negative income tax is actually a repayment of an overpayment that was received in the current fiscal year, 2002-2003, and that's as a result of the large income tax amount that we received in the 2001-2002 fiscal year. Finance Canada, which pays corporate income tax remittances on the basis of prior years, in fact had overpaid us for the 2002-2003 fiscal year and that overpayment will be recovered in the coming fiscal year.
Ms. Melhorn on Bill 3: Appropriation Act, 2003-2004
In the Legislative Assembly on March 7th, 2003. See this statement in context.
Bill 3: Appropriation Act, 2003-2004
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 6th, 2003
Page 607
Melhorn
See context to find out what was said next.