Thank you, Mr. Speaker. Mr. Speaker, in the correspondence I received from the federal Finance Minister, Minister Goodale, he states it is a one-year break. The rebasing exercise will not happen for 2004-05, and there is direction that we have our people get together and work out the tax effort portion of what we would say is rebasing. We will have that in place by 2005-06. So it is a one-year break and that is why we have the $50 million for this year that would have been taken out, and we'd already built our budgets around that money being taken out. So he has given us one year to get an agreement in place with them around the tax effort and rebasing. Thank you.
Floyd Roland on Question 73-15(3): Benefits Of The Federal Budget
In the Legislative Assembly on March 24th, 2004. See this statement in context.
Further Return To Question 73-15(3): Benefits Of The Federal Budget
Question 73-15(3): Benefits Of The Federal Budget
Item 6: Oral Questions
March 23rd, 2004
Page 251
See context to find out what was said next.