Thank you, Madam Chair. The allowance for doubtful accounts is an estimate of the amount of accounts receivable upon which the GNWT does not expect to collect. In 2012-2013 allowance was about 41.4 percent of total loans receivable. In 2011-12 it was about 38.45 percent of the total loans receivable. The year prior it was approximately 30 percent.
The committee sees that this is a concern with the incremental increases over the years and wants to try to address that before next year gets a little bit higher. We want to make sure this government does the right thing in terms of monitoring it and setting targets and measures to improve these collections and do it sooner than later. Thank you, Madam Chair.