Thank you, Mr. Chairman. I’m here to present Supplementary Estimates (Infrastructure Expenditures), No. 1, 2011-2012. This document outlines an increase of $19.122 million for operation expenditures and an increase of $120.001 million for capital investment expenditures for the 2011-2012 fiscal year. The total supplementary request is $139.123 million.
Major items in this supplementary estimates include:
1. $138.1 million for the carry-over of funding for
infrastructure projects. This funding was approved and lapsed in the 2010-11 fiscal period.
The carry-overs for capital investment expenditures in the supplementary estimates represent about 26 percent of the 2010-11 revised capital budget. This percentage is lower than the previous two fiscal years, which averaged around 33 percent.
Given the size of our capital budget in 2010-11, a record $527 million, I’m pleased to see the new capital planning process, including the fall approval of capital estimates, is continuing to yield positive results.
2. $1.010 million for investments under the
Energy Priorities Investment Plan to install wood pellet boilers at the Yellowknife Airport and Elizabeth Mackenzie School in Behchoko.
3. $850,000 for the Department of Transportation
for the reconstruction of a section of Inuvik Airport taxiway. The net impact on government operations is nil as the reconstruction of the taxiway will be funded by the Department of National Defence.
I’m prepared to review the details on this supplementary appropriation document. Thank you, Mr. Chairman.