Thank you, Mr. Speaker. Mr. Speaker, as I mentioned, an opportunity like this comes once in a lifetime. I think we have to take advantage of this. There's no way we can construct 1,400 units in the scope of this type of project. Without this project it would not happen. I think we have to realize the economics of this are bigger than a company in the Northwest Territories trying to take it on. We have to realize there is the potential for two more diamond mines in the next few years. There are major expansions in the tar sands in Alberta. We cannot compete with the present trade market to find people who can do this. The only way we can accomplish 1,400 units in the Northwest Territories in the next five years is through this type of a project. We are short, right now, 2,600 units in housing in the Northwest Territories. If we don't do anything in the next 10 years, it's going to be 4,000 units. Unless there is some better idea than doing it this way, and if we miss this opportunity, we may not have this opportunity again in the future.
David Krutko on Question 180-15(4): Novel Housing Project
In the Legislative Assembly on October 19th, 2005. See this statement in context.
Further Return To Question 180-15(4): Novel Housing Project
Question 180-15(4): Novel Housing Project
Revert To Item 6: Oral Questions
October 19th, 2005
Page 396
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