Agreed.
Debates of Feb. 15th, 2006
This is page numbers 1041 - 1086 of the Hansard for the 15th Assembly, 4th Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was going.
Topics
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Some Hon. Members
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Some Hon. Members
Agreed.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Some Hon. Members
Agreed.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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David Ramsay Kam Lake
Thank you, Mr. Chairman. I'm just wondering, by the looks of the numbers that are presented in the budget, it looks like you get on a yearly basis about $5.5 million in loans that are granted, but you're only taking in $3 million every year in loans that are written off. Is there ever going to be a time where we need to increase the ceiling or the limit on the revolving fund? Thank you, Mr. Chairman.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Charles Dent Frame Lake
Thank you, Mr. Chairman. We will probably have to increase the authorized limit in the not-too-distant future. We are taking a look at, over the course of the next year, making some adjustments to the repayable loans, for instance, and perhaps increasing the overall limit in loans. So I would expect that within the next little while we will have to consider raising the authorized limit, yes.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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David Ramsay Kam Lake
Just one other question on that, Mr. Chairman, and thanks. Forty-three thousand dollars in
loans was written off in '04-05 and then your projection is for $200,000 to be written off in '06-07. I'm just wondering why the increase and, yes, why the jump from $43,000 to $200,000. Thank you.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Charles Dent Frame Lake
Thank you, Mr. Chairman. There's no science behind this. It's just a number that's put in as a holding figure, because it moves significantly every year.
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Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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David Ramsay Kam Lake
Thank you, Mr. Chairman. Just one other quick question. In terms of the loans that the Government of the Northwest Territories has to write off in student loans, is it comparable to what, say, the Canada Student Loans Program with the Government of Canada or some of the provinces might have, or are we on the high end? Where do we rate in terms of loans that we write off? Thank you.
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Charles Dent Frame Lake
Thank you, Mr. Chairman. We could probably take a look at that. The sense is that it's low, but we could certainly take a look or ask other jurisdictions for some other information and do a comparison as a percentage. I'd be happy to get that information and provide it to the Member at a later date.
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Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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The Chair Calvin Pokiak
Thank you, Mr. Ramsay. Page 9-40, information item, student loan revolving fund.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Some Hon. Members
Agreed.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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The Chair Calvin Pokiak
Thank you. Before we go to page 9-41, I'd like to recognize, in the gallery, Mr. Mervin Gruben. He's the deputy mayor of Tuktoyaktuk and also employee of EGTL in Tuk.
---Applause
Page 9-41, information item, detail of funding allocated to education authorities.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Some Hon. Members
Agreed.
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The Chair Calvin Pokiak
Information item, 9-42, education authorities, active positions by region. Mr. Yakeleya.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
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Norman Yakeleya Sahtu
Mr. Chairman, on the bottom of the numbers here, you have a little note that says the above information has not yet been finalized with the education authorities. Can I ask the Minister what he means by that sentence in terms of having these numbers in front of us? Does it make much sense in terms of putting the numbers here, or is this the estimate? What information hasn't been finalized, I guess, with the education council to these numbers here? Thank you.