Thank you, Mr. Speaker. No, we don't set the royalties and, no, we don't have authority over the Crown lands. But what the company wanted before they invested $7 or $8 billion was to know what was going to happen post devolution. Were we going to be ambushing them with some weird and expensive royalty regime? They wanted some certainty. What were we going to do post devolution? That is the context in which we answered the question. Thank you, Mr. Speaker.
Joe Handley on Question 317-15(4): GNWT's 'letter Of Comfort' To Mackenzie Valley Pipeline Producers
In the Legislative Assembly on February 1st, 2006. See this statement in context.
Return To Question 317-15(4): GNWT's 'letter Of Comfort' To Mackenzie Valley Pipeline Producers
Question 317-15(4): GNWT's 'letter Of Comfort' To Mackenzie Valley Pipeline Producers
Item 6: Oral Questions
January 31st, 2006
Page 670
See context to find out what was said next.