Mr. Speaker, we are in the process of having three agencies putting money into this facility. We have basically CMHC, ourselves, and also the Seniors' Society in Hay River. They are also going to be contributing to this project. So with the three organizations that are going to be contributing, at the end of the day we have to determine exactly how much investment would each group make, and also when those investments will either be written off over a period of time or basically that we'll be able to hand that asset over to an agency or organization in Hay River. It's either going to be the Seniors' Society, it's going to be the Hay River Housing Authority, or it will be the Housing Corporation. But again, we have to determine exactly the amount of investment that each group are going to make and also exactly how long that investment will be carried on the books and written off over a period of time and then be sure what happens to the asset after that process takes place. Thank you.
David Krutko on Question 82-15(5): Seniors' Housing In Hay River
In the Legislative Assembly on June 7th, 2006. See this statement in context.
Further Return To Question 82-15(5): Seniors' Housing In Hay River
Question 82-15(5): Seniors' Housing In Hay River
Item 6: Oral Questions
June 6th, 2006
Page 229
See context to find out what was said next.