I think we have to look at what we see as the role of government in this time of economic turmoil when we’re in a flat out, big, ugly recession that’s getting worse. The role of government to provide stability, to be an anchor during the storm here, as the economic, the private sector struggles with all the things that are going on with commodity prices and layoffs. We, like every other government, are going to be forced to look at how do we maintain programs, how do we control our costs recognizing that we may have to go into deficit as we are going to do in this budget, but not in a very controlled short-term way as we work our way through what we hope will be a two to three-year process before the private sector once again rebounds.
Michael Miltenberger on Question 211-16(3): Impacts Of Global Recession On GNWT Revenues
In the Legislative Assembly on February 26th, 2009. See this statement in context.
Question 211-16(3): Impacts Of Global Recession On GNWT Revenues
Oral Questions
February 25th, 2009
Thebacha
See context to find out what was said next.