Thank you, Madam Chair. When I look at the cost of our power subsidy program and compare it to the revenues that we're receiving from the Power Corporation, the way we're heading is we want to balance our books and we're not balancing our books with this particular program. We're taking in $4 million and paying out $8 million. I think there are a couple of ways to do it. Of course, increase the revenue from the Power Corporation transfer payment and direct it towards the power subsidy program. At the same time, I do believe that we will have to look at some constraint or even cap this program indefinitely. Perhaps the Minister can let me know if it's possible to increase the amount of transfer payments we receive from the NWT Power Corporation.
Kevin A. Menicoche on Committee Motion 2-14(5): Options For Measures To Stabilize Power Subsidy Costs, Carried
In the Legislative Assembly on March 22nd, 2004. See this statement in context.
Committee Motion 2-14(5): Options For Measures To Stabilize Power Subsidy Costs, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
March 21st, 2004
Page 131
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