In the Legislative Assembly on February 11th, 2014. See this topic in context.

Heritage Fund Operations And Oversight
Members’ Statements

Norman Yakeleya

Norman Yakeleya Sahtu

Thank you, Mr. Speaker. My Member’s statement is on the mechanics of the Heritage Fund. It’s fine and dandy if you have a Heritage Fund, and colleagues have talked about the amount of money going in and how it’s going to be administrated. I wanted to look at the mechanics. Should the Heritage Fund come to a full-blown discussion with the people in the Northwest Territories, what is the purpose with the Heritage Fund and how it’s to be set up within the government structure, independent, arm’s length from the government and have people who would administrate it and look after it for us, and having

that framework set up – do we do it now or do we do it later on in five years or 10 years?

I wanted to also know that within this Assembly if the government is willing to entertain that concept of removing the Heritage Fund administrative process and start looking at an independent process as other Heritage Funds have been set up elsewhere within Canada, and look at how this independent body could work if we were to move it out of the government’s hands and put it into an independent body.

The Heritage Fund is a very good concept. I remember having this discussion in a past Assembly, when Members on the other side who were once on this side brought up this idea of having a Heritage Fund for our people in the North, especially for our younger kids who are going to inherit this money. So, I would like to have some discussion on a territorial level, specifically on the whole concept of the Heritage Fund and the implementation of the Heritage Fund. Thank you, Mr. Speaker.

Heritage Fund Operations And Oversight
Members’ Statements

February 10th, 2014

The Speaker

The Speaker Jackie Jacobson

Thank you, Mr. Yakeleya. Member for Nahendeh, Mr. Menicoche.