Thank you. Department of Finance, operations expenditures, deputy minister’s office, not previously authorized, $875,000.

Fiscal policy, not previously authorized, $711,000. Mr. Bromley and then Mr. Dolynny. Mr. Bromley.

Thank you, Madam Chair. I believe this was the Housing Corporation we were on and I’m wondering if I can get an explanation of the amount planned for the NWT Energy Plan solar panel installation in Inuvik. What exactly is the Housing Corporation plan with solar panel installations? Thank you.

Thank you, Mr. Bromley. Mr. Aumond.

Thank you. Sounds like a worthy project. I wonder, do we have any estimates of what efficiency this would gain over the normal course of events and/or do we plan to install monitoring so that we can learn valuable lessons and collect useful data on which to base future similar decisions? Thank you.

Thank you, Mr. Bromley. Mr. Miltenberger.

Thank you, Madam Chair. The payback is estimated to be five years, and yes, with the solar technology available, when they’ve measured the technology available to measure the benefits, we’ll be looking to do that so we can learn from this investment. Thank you.

That’s all I had, Madam Chair. Thank you.

Thank you, Mr. Bromley. Mr. Dolynny.

Thank you, Madam Chair. I believe we’re also on fiscal policy. I believe that number has been read out, Madam Chair?

Actually, I’m going to call deputy minister’s office again for $875,000. Agreed?

Thank you. Fiscal policy, not previously authorized, $711,000. Mr. Dolynny.

Thank you, Madam Chair. Thanks for clarifying. I want to zone in on the comment regarding the $700,000 line entry in this expenditure, and it reads, “To provide funding to address an increase in the cost of living tax credit expense due to a higher personal income forecast.” So I guess my first question is: What is driving the anticipated increases in personal income tax revenues? Thank you.

Thank you, Mr. Dolynny. Mr. Kalgutkar.

Thank you. So I guess what we’re hearing is that this is a statistical variance. Are there any other mitigating factors or forces that are driving this forecast?

Using the second line of that bullet it says, “The net effect on government operations is nil as there will be an offsetting revenue amount.” Could we get layman’s terms as to what does that mean? Thank you.

Great, I appreciate the explanation there. So I guess the ultimate question here is: What impact does this have, or is this being incorporated into the fiscal framework and would we be anticipating an updated fiscal forecast?