Thank you, Mr. Chairman. No, this will not affect our long-term borrowing or debt. Our current fiscal strategy will remain in place. All this gives us basically is a tool that allows us to manage the $1.4 billion that flows in and out of government in its very many different ways through the Consolidated Revenue Fund, as Mr. Kalgutkar pointed out. Recognizing how long it’s been since the last increase with the growth in government and the amount of money that now flows through there and some of the pressures that we’ve been managing as of late just with the economic downturn and a lot of the other projects and unanticipated events that we’ve been managing. I hope that clarifies it for the Member.
Michael Miltenberger on Committee Motion 5-17(2): Concurrence Of Td 1-17(2), Interim Appropriation 2012-2013, Carried
In the Legislative Assembly on February 10th, 2012. See this statement in context.
Committee Motion 5-17(2): Concurrence Of Td 1-17(2), Interim Appropriation 2012-2013, Carried
Consideration in Committee of the Whole of Bills and Other Matters
February 9th, 2012
See context to find out what was said next.