WHEREAS a Deh Cho Bridge would be a desirable, permanent road link in the NWT's transportation infrastructure;
AND WHEREAS considerable public expense and effort has been invested in creating a public private partnership with the Deh Cho Bridge Corporation to complete the project;
AND WHEREAS the projected cost of the bridge has escalated from $60 million to $150 million within four years;
AND WHEREAS substantial public funds, as well as toll fees, will be required for 35 years to pay for the project;
AND WHEREAS the government has not disclosed business and economic impact models for the current project, in contrast with broad disclosure made in 2003;
AND WHEREAS other transportation and energy projects, namely the Bathurst Inlet port/road project, the Taltson River hydro expansion, may have significant impacts on the economic viability of the project;
AND WHEREAS the government has said a toll of $6 per tonne in 2002 dollars is constant, but has not disclosed rates of inflation that will be assessed to the toll fee;
AND WHEREAS significant investment in other infrastructure is anticipated and desirable, yet no current macroeconomic feasibility for the bridge project has been demonstrated;
AND WHEREAS there may be liabilities associated with the project as a result of contracting procedures used;
AND WHEREAS the Government of Canada has not committed to contribute to the Deh Cho Bridge project;
NOW THEREFORE I MOVE, seconded by the honourable Member for Sahtu, that this Legislative Assembly strongly recommends the GNWT undertake and disclose updated economic modelling showing the Deh Cho Bridge project's anticipated socio-economic impact and benefits, as it did in 2003;
AND FURTHER that this Legislative Assembly strongly recommends the GNWT defer signing any further agreements concerning the Deh Cho Bridge until after the 16th Assembly is in office.
Thank you, Mr. Speaker.