Thank you, Mr. Chair. The Member is correct; we won’t actually have the cash in hand until 2015-16, as we discussed earlier, but we have to accrue the revenue in the year that we earn it, as I discussed earlier. So Mr. Kalgutkar is correct; some of that $45 million will show up probably in the 2016-17 Capital Plan, but it will just go into our Consolidated Revenue Fund. If Members will recall the discussion we had last night, our tax revenues are also going down by $30 million. So they kind of offset one another to a certain degree. Given the reduction in revenues, we are also reducing our proposed capital plan by $25 million starting in 2016-17. The funding will find its way into general revenues and will be used to fund programs and services, but primarily that incremental resource revenue will be used to fund our capital plan starting likely in 2015-16, 2016-17. Thank you.
Mr. Aumond on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on February 26th, 2014. 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 25th, 2014
Aumond
See context to find out what was said next.