Thank you, Mr. Chairman. Mr. Chairman, the way this deal has been put forward and agreed to is the amount we are entering into this agreement here is capping the GNWT's liability. The federal government has much more in the area of coming up with their share of the costs of doing remediation there. This is our portion that is over. The drawdown will happen over 10 years, but because the agreement was signed in 2004-05, we have to account in that year the full liability, but over a 10-year period will be drawn down as the site work and service area is done. The federal government will be on the hook for a much larger portion of over $200 million of that. Thank you.
Floyd Roland on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on May 31st, 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
May 31st, 2005
Page 134
See context to find out what was said next.