Thank you, Mr. Chairman. I thank Mr. Voytilla for that. If we are looking at a loan guarantee -- and that's probably what it will end up being -- there will be a cost associated with that. I don't know whether you want to call it a subsidy or not or whether or not we'll get those costs back or not, I mean those are things that are going to be worked out into the future, but the federal government recently increased the NWT's borrowing limit from $300 million to $500 million. I'm wondering if the GNWT does have to backstop and sign some loan guarantees for the Taltson expansion, what will that do to the debt cap at $500 million? Is that something we're going to have to account for and is that going to push us close to the $500 million mark? Thank you, Mr. Chairman.
David Ramsay on Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on May 16th, 2007. See this statement in context.
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
May 15th, 2007
Page 257
See context to find out what was said next.