Thank you, Mr. Speaker. Mr. Speaker, the issue of budget reduction scenarios is one that every government would face from time to time, and preferably not face at all. Unfortunately, our situation was, as the Member pointed out, reasons of lower corporate tax income affected us and we had to send departments back to look for some savings for the '05-06 year, as well as the business planning process. For departments, when they come up with new initiatives, if they don't have it from within their existing budget allocation, they would come back to FMB and request the funds and FMB would review those and see if, in fact, their proposal had enough in it to proceed. Thank you, Mr. Speaker.
Floyd Roland on Question 475-15(4): GNWT Fiscal Management
In the Legislative Assembly on February 27th, 2006. See this statement in context.
Return To Question 475-15(4): GNWT Fiscal Management
Question 475-15(4): GNWT Fiscal Management
Item 6: Oral Questions
February 26th, 2006
Page 1379
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