Thank you, Mr. Speaker. Mr. Speaker, my question today is for the Minister of Finance. It is in regards to the new housing concept from ABCD Company.
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Mr. Speaker, I remain to be convinced, but if we are going to go with this, I am going to do my utmost to make sure that we get as best a deal as possible. My questions are to do with the risks that this government seems to be assuming with this deal.
Mr. Speaker, I had a chance to look at appendix 2, page 1. It reads, and I quote, "In addition to the outright cash contributions by the GNWT, the GNWT is also accepting a high proportion of the risk. The GNWT will assume ultimate responsibility for any shortfalls. Even though the GNWT will try to mitigate this risk as the individual pieces of the deal are negotiated, the GNWT will be assuming a much larger portion of the risk than will the federal government." I would like to ask the Minister why he would put the government in that position. Thank you, Mr. Speaker.