Thank you, Mr. Speaker. Mr. Speaker, this is an area that we're beginning to do some work on to look at what options of a fiscal responsibility legislation that we could bring forward for Members. That's why it's worded as it is. We need to work with the Members to see what would be acceptable. Things, for example, like what the actual interest bite is -- as the terminology that's used -- or repayment of a debt would be highlighted in the budget, what type of debt that we could actually incur. One of the concerns we have is with our structural deficit that we find ourselves in is not to get into a debt that is paying for operations and maintenance costs, but more for infrastructure investment in that sense. We've highlighted that. We will be looking to do that. For example, on highway infrastructure dollars that the federal government has put on we're going to match. Those are the types of things that are starting. One is the total debt limit, what type of debt we can get into, how we account for it, and the five-year plan where at the end of a process of five years you have to come back to a balanced budget situation. Thank you.
Floyd Roland on Question 19-15(3): Comments On The Budget Address
In the Legislative Assembly on March 17th, 2004. See this statement in context.
Return To Question 19-15(3): Comments On The Budget Address
Question 19-15(3): Comments On The Budget Address
Item 7: Oral Questions
March 16th, 2004
Page 37
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