Thank you. What we know is we have about $12 million in sunk costs that we’ve put in, preparatory work as governments do for big projects that are of critical importance to them. We have a project that has cost $299 million. We have a $200 million federal contribution and our cost will be the $99 million. I will point out, as well, that when we did our fiscal framework as we started a number of weeks ago now and we didn’t have the federal number, we had booked this project at $150 million of territorial investment just so that we had the costs covered off out of our fiscal framework. Now that we have the federal number of $200 million, we will readjust our fiscal framework and that will, in fact, reduce that commitment that we have from $150 million to $100 million. Thank you.
Michael Miltenberger on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on March 11th, 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
March 10th, 2013
See context to find out what was said next.