As the Member has laid it out, that is the scenario. The overall target is $135 million; $75 million of that $135 million was targeted for reinvestment in priorities of the Legislative Assembly. That number is affected by the fact that if we can achieve our reduction scenario.... And that’s somewhat limited. We were hoping to do that, and part of the discussion we had earlier on was that it is $135 million, but we want to reinvest the $75 million. It wouldn’t be $75 million up front in one year. We realize that it takes, as we pointed out, two years to actually see the net impact of some of our reduction scenarios. The original amount we were hoping to reinvest would have been $25 million this year. That is investing in new priorities. There was, as I said, work done in the previous government under some initiatives that were sitting there. We reviewed those, and that’s part of the package you see today.
Floyd Roland on Question 159-16(2) Budget Reductions And Reinvestments
In the Legislative Assembly on May 22nd, 2008. See this statement in context.
Question 159-16(2) Budget Reductions And Reinvestments
Oral Questions
May 21st, 2008
Inuvik Boot Lake
See context to find out what was said next.