Thank you, Madam Chair. The Minister did state it correctly. The base rate that the Housing Corporation currently has in its budget was based on 2006-2007 rates. That was the last time we gave them a funding increase for utilities. The rates have seen some growth since then. As the Minister said, the average rate for the 2011-2012 fiscal year is around 69.72 cents per kilowatt hour. So there was an increase of about 23 percent since the 2006-2007 adjustment.
Mr. Kalgutkar on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on February 13th, 2012. See this statement in context.
Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters
February 12th, 2012
Kalgutkar
See context to find out what was said next.