Mr. Chairman, there are two main areas of discussion. We have suggested how our debt is treated is the debt that is what is called self-financing be treated differently from our normal borrowing practices. By self-financing debt, of course, we mean the money that is owed by the Power Corporation and the Housing Corporation and the bridge when it comes on-line will be mainly self-financing. That is one area. The other issue and area of discussion is going to be when you have a number, is it better to have a specific dollar number in legislation or an agreement or is it better to have a formula that doesn’t tie you to a number that can be overtaken by inflation and other factors? We are looking at those are the two key areas that we are having those discussions on. Thank you.
Michael Miltenberger on Consideration in Committee of the Whole on Bills and Other Matters
In the Legislative Assembly on February 28th, 2011. See this statement in context.
Consideration in Committee of the Whole on Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters
February 27th, 2011
See context to find out what was said next.