Thank you, Mr. Speaker. Today the honourable Minister of Finance, Michael Miltenberger, gave us a summary here regarding the borrowing limit. Being a businessperson of mind, it’s important to always have a strong balance sheet. I think that’s very agreeable. I think the Government of the Northwest Territories does have a very strong balance sheet in place. The Minister also uses terms like “economic levers,” and I’ve heard him speak many times about it and leveraging those economic levers. One such lever is our very own Crown corporation, the Power Corporation. Unfortunately, the Crown corporation rests on the government balance sheet as a liability, which is going against the borrowing limit. Can the Minister discuss how, if and when were negotiations ever achieved with the Minister of Finance federally about removing this liability from our borrowing limit?
Daryl Dolynny on Question 26-17(1): Accounting For NWT Power Corporation Debt
In the Legislative Assembly on December 8th, 2011. See this statement in context.
Question 26-17(1): Accounting For NWT Power Corporation Debt
Oral Questions
December 7th, 2011
See context to find out what was said next.