It has required the expenditure of funds over the past few years. Certainly we have been trying to get a sense of what Congress and Senate intended to do in their energy bill, and it has been through a few different iterations. I think the latest version is looking at a slimed down energy bill that wouldn't have the proposed floor price subsidy for Alaskan gas included. There are a number of other measures. It's still, at this point, up in the air. It's sort of uncertain as to what version of this bill will pass through the House, or if it will be sort of divvied up into one-off initiatives. But in any regard, we have had to pay for some intelligence on the ground so that we understand what Senate and Congress are proposing to do. But as you know, both the Canadian government and this government have been against the proposed floor price subsidy. We think that that is a distortion of the market and has no place in development of this nature. We do support, however, more conventional support tools such as loan guarantees and things of that nature.
Brendan Bell on Committee Motion 3-15(3): To Delete $120,000 From The Financial Management Board Secretariat Budgeting And Evaluation Re Foregone Interest, Defeated
In the Legislative Assembly on March 22nd, 2004. See this statement in context.
Committee Motion 3-15(3): To Delete $120,000 From The Financial Management Board Secretariat Budgeting And Evaluation Re Foregone Interest, Defeated
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
March 22nd, 2004
Page 160
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