Thank you, Madam Chair. As the $3.64 million, which was a part of the original appropriation for the construction of the school budget, that portion is going to be capitalized. The remediation that the Member is referring to, which is funded through O and M dollars, not only through our own accounting policies but it’s also the policy that the federal government uses and every other government in the jurisdiction in Canada uses. That will be funded through O and M. As we demolish those buildings, we’re not adding to the assets. We’re actually taking care of a liability, for the most part, and we’ll use our vote O and M money for that purpose. But the $3.6 million that is being asked for a carry-over here, that money will be capitalized.
Mr. Aumond on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on May 30th, 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
May 29th, 2013
Aumond
See context to find out what was said next.