Thank you, Mr. Chairman. The stabilization fund is to do what we just spoke of, to try to offset some of the sharp increases. As well, it can provide for decreases in prices if there was surplus there. The way we are going now, we would find if we kept up the practice that we had in the past, we would be in a deficit position of close to $1 million if we didn't make some of the changes that we had in the last year. Because of the act and direction given of full cost recovery, we would have to come in for some drastic increases. These latest increases are part of a result of going full cost recovery on the product, as well as the increased price of the product that we have had to pay from the distributors. Thank you.
Floyd Roland on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on October 14th, 2005. 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
October 13th, 2005
Page 280
See context to find out what was said next.