Thank you, Mr. Speaker. Mr. Speaker, in discussions with Minister Flaherty, the federal Finance Minister, on this specific issue along with provinces and other territories, the commitment is that this budget coming up will include issues dealing with formula financing specifically for our territory. We expect that as we've discussed around the Expert Panel report that's now termed the O'Brien Report, much of that will be included. Ultimately it's in the details of what is actually presented in the budget. So we are hoping that the fix will actually be put in place through this next federal budget and, in fact, it will mean a more stable revenue source as well as a better fiscal relationship with Ottawa. Thank you.
Floyd Roland on Question 277-15(5): Territorial Formula Financing Arrangements
In the Legislative Assembly on February 8th, 2007. See this statement in context.
Return To Question 277-15(5): Territorial Formula Financing Arrangements
Question 277-15(5): Territorial Formula Financing Arrangements
Item 8: Oral Questions
February 7th, 2007
Page 740
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