Thank you, Madam Chair. Madam Chair, as the Member stated, the expert panel report has been delayed and we're waiting for the new federal Finance Minister to receive the report. At that point, we expect that there will be some engagement between federal Finance, the territorial Finance Ministers and provincial Finance Ministers on the sections of the report that pertain to their jurisdictions. As well, there is a confederation of, the Council of the Federation Panel that was established as well by the Premiers, and they had their work around fiscal policy and responsibilities, as well. Their report will be coming out in the near future. We expect to be using both the reports. We're hoping that Finance Canada will use the expert panel's report. There's some question as to how that will be dealt with as it was started under a previous government. We're hoping that they will use that report along with what we will use, the COF panel report, and start our negotiations from those reports. Hopefully they will identify our concerns, as both the panels travelled to the North and heard our concerns. I think that we'll get some favourable mention in those reports about the North, and it will be from those bases that we will begin our discussions with federal Finance about the need to change how formula financing works in the Territories. So it will all come down to the new Finance Minister for the federal government and how and when he accepts that report, and then the work between the jurisdictions from that point on. Thank you
Floyd Roland on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 23rd, 2006. 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 22nd, 2006
Page 1306
See context to find out what was said next.