Floyd Roland on Committee Motion 1-16(5): Extension Of Sitting Hours To Conclude Td 8-16(5), Supplementary Appropriation No. 2, 2010-2011 (Infrastructure Expenditures), Carried

In the Legislative Assembly on March 23rd, 2010. See this statement in context.

Committee Motion 1-16(5): Extension Of Sitting Hours To Conclude Td 8-16(5), Supplementary Appropriation No. 2, 2010-2011 (Infrastructure Expenditures), Carried
Consideration in Committee of the Whole of Bills and Other Matters

March 22nd, 2010

Floyd Roland Inuvik Boot Lake

Thank you, Mr. Chairman. My understanding is that the Minister of Finance and the Minister of Transportation in meetings with

committee members provided that information and we’ll be able to provide it again to the Members regarding the breakdown of that loan.

Now, we need to be clear on the language we use because initially the reason this project was put through the DCBC was to keep it off our accounting or off our books and we couldn’t guarantee the debt in that sense, but we indemnified or we, through the guaranteed payments on the 35-year concession agreement, we in fact backstopped as a full agreement and I referenced that back in February 2001 in questions in this House, or February 21, 2008, on that area. But I’ll see if that information was provided and we’ll be able to provide that again to Members and I’ll have to ask the Minister of Finance what he has there and what he can provide. Thank you.

See context to find out what was said next.

Floyd Roland on Committee Motion 1-16(5): Extension Of Sitting Hours To Conclude Td 8-16(5), Supplementary Appropriation No. 2, 2010-2011 (Infrastructure Expenditures), Carried

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