Thank you, Madam Chair. Madam Chair, the way our corporate tax situation works it is quite volatile if you do have investors who would choose to invest their earnings in the Northwest Territories, and that happened previously. In fact, there were two filings done in the Northwest Territories while we were at the 14 percent rate, and that is good news that we had filings there, but it also has caused us some problems going forward because of the way corporate taxes are paid to the GNWT from the federal government. So we could look at 2002-03, and 2000-01 to give you some accurate figures, but again, those figures can change quite radically based on who decides to file in the Northwest Territories on investment income. We do have what we feel is a track record of those who are fairly consistent and not have those huge spikes. I don't have the exact dollars of those years in my hands right now. Thank you.
Floyd Roland on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 30th, 2004. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 29th, 2004
Page 477
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