Mr. Chairman, the project is indeed self-liquidating to a certain extent. Fifty percent of the annual costs will be paid through tolls. There is a portion that we are already paying in terms of operating the ice bridge and the ferry, which we believe now is in excess of $3 million that can be put towards the project and of course there’s a contribution that was committed to by this government. So there is probably three-quarters of the project being financed through existing payments or existing costs and new revenues. Thank you.
Michael McLeod 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
See context to find out what was said next.