Thank you, Mr. Speaker. I would like to ask some questions to the Minister of Finance. I want to follow up on my statement and also follow up from my colleagues’ questions earlier.
I would like to say that I appreciate the government’s willingness to do the right thing and put 25 percent of our new resource revenues into the Heritage Fund, but I am unable to reconcile the Minister’s words with the numbers that are in our
budget. As I stated in my statement, the request was to put that money in -14-15, not in ‘15-16.
Mr. Bromley has asked this already, but I don’t believe I heard an answer, so I have to ask it again. The Minister states that we’re going to put 25 percent of resource revenues into the budget because that’s when the money is coming in, in ‘15-16, but the revenues are from the ‘14-15 year. Yes, we get them in our hand in 2015 or 2016, but the money is coming in and it should be allocated to ‘14-15 and it shows that in the budget, the $120 million.
I would like to know from the Minister why we record the revenues in ‘14-15 and yet we don’t record the expense in ‘14-15. Thank you.