Thank you, Mr. Chairman. Mr. Chairman, this is the remnants of the program that we have in place or had in place and the employee purchased it, a buy-back program, that was started in previous governments. This is the remainder. We have grandfathered those that were already in the system that had agreements that the government would buy back their units once they moved from the community. So we've transferred that responsibility to the NWT Housing Corporation so it's now in their budget and this is following up on one of those commitments that was already remaining. It was already in place, but it used to be called the employee house purchase plan. The remaining grandfathered employees who are in there, slowly as time goes by, will be bought out as the agreement allowed for. So this is one of those that has come up. We will see it from time to time until we conclude all those deals. Thank you.
Floyd Roland on Committee Motion 15-15(3): To Amend Clause 2 Of Bill 2, Defeated
In the Legislative Assembly on March 30th, 2004. See this statement in context.
Committee Motion 15-15(3): To Amend Clause 2 Of Bill 2, Defeated
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 30th, 2004
Page 498
See context to find out what was said next.