Thank you, Mr. Speaker. The options for us, there are a number of things that could be developed and the Member has put the idea of the Opportunities Fund as part of a solution that could be looked at paying out a debt early. The situation that we would have to look for is, for example, the Opportunities Fund has a time amount once borrowed that it has to be paid back. The concession agreement and the agreement with the lenders that stands is already built into our fiscal strategy for the 35 years. There will come a time as interest rates go up and real bonds and the real bond market, we could weigh the possibilities of paying out the debt early and still be ahead of the game with the… I don’t know if we call it a penalty clause at that point, but the early payout would cost us some money so we would have to weigh those things out. Again, that is building into assumptions in the future. Thank you.
Floyd Roland on Question 62-16(5): Deh Cho Bridge Project Fiscal Implications
In the Legislative Assembly on March 23rd, 2010. See this statement in context.
Question 62-16(5): Deh Cho Bridge Project Fiscal Implications
Oral Questions
March 22nd, 2010
Inuvik Boot Lake
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