Madam Chair, there has been no formula agreed to at this point with the tax-based communities, which includes Fort Simpson. The SAOs are sitting down and trying to work out a formula that would be acceptable to all of the communities. We are expecting that over the next while. I am not sure of the financial situation Fort Simpson is in. My understanding is that Fort Simpson has a surplus. If that is not the case, then we stand to be corrected. We would have to take a look and have a discussion over the actual fiscal situation of Fort Simpson. We are having some discussion within our department. Regarding the $3 million that is slated in our budget for capital projects, that is part of the community infrastructure program to see if we can allow some flexibility with that money to possibly use as part of the communities' contribution. We haven't arrived there yet. We need to do some more work on that. There are a couple of options. But, first of all, we have to see and sit down with the town, as the Member indicated, Fort Simpson, in this case, to see what their actual fiscal situation is. If there is a serious deficit, then we would have to work with that.
Michael McLeod on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 1st, 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
February 28th, 2005
Page 1653
See context to find out what was said next.