Mr. Chairman, right now we’re looking at servicing some of the cost from this project through revenues generated from tolls. We expect for the first year it’s going to be around $8 million that we would have to use to service the debt and half of that we would expect to raise from tolls. The other portion would be from money that we’re already spending on the ferry service and the ice bridges, and also there’s a contribution from our government on an annual basis.
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.