Ms. Melhorn 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

Melhorn

Thank you, Mr. Chairman. Yes, the Minister has outlined the change in the way the commercial entities will benefit from the lower rates. Just to clarify, the current TPSP budget of about $14 million, we’re projecting that the total TPSP expenditures under the new rate system will be in the order of $8 million, but again that’s just based on the forecast. Then we have to factor in the payments to NTPC and NUL to reduce the rate riders and then to allow for the foregone dividend

revenues by the GNWT. That nets out to the $14 million.

See context to find out what was said next.

Ms. Melhorn on Consideration in Committee of the Whole on Bills and Other Matters

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