No, Madam Chair. This would be treated as strictly revenue for the GNWT. Interest earned by the NWT Opportunities Fund would be reflected in the income statements of the Opportunities Fund which are accounted for independently. They are recorded on the public accounts as a stand-alone entity and, in doing so, they would not show up at that point. The overall revenues would show up as interest earned on that particular financial statement. Thank you, Madam Chair.
Peter Vician on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on February 19th, 2013. 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 18th, 2013
Peter Vician
See context to find out what was said next.