Thank you, Mr. Chair. I enjoy the consistency across the years.
So, $20 million, $20.037 million, we have had some discussion on this, I think, but I just want to note that this sort of expenditure and this specific one is totally consistent with the impacts of climate change. It’s a consequence of the extreme weather events that are happening globally with increasing frequency and severity. The NWT doesn’t have any special dispensation, so these sorts of things we can expect again with increasing frequency and severity and we need to be able to plan for them.
Scientists have warned about this for decades and Canada and our Prime Minister are now globally recognized for their costly and deadly failure to react responsibly. This $20 million cost that is coming out of our peoples’ pockets today is just the most recent example of the direct cost to the people of the NWT and to the environment of climate change. If we want to go even more recently, we can go to the people of Tuk and talk about the failure of the barges to make it down the Mackenzie River with the freight and what that’s going to cost to complete that transportation project.
Although the Minister says that this was done to protect ratepayers, in fact, costs come out of our citizens’ pockets. This $20 million comes out of our citizens’ pockets one way or another, one pocket or another, either as ratepayers or as taxpayers and it affects services that we are able to provide and our long-term financial health.
This expenditure does nothing, absolutely nothing - $20 million more than – absolutely nothing to address the problem, the underlying issue of the high cost of power, but $20 million spent in a different way very well could have. That, I think, is the issue we’re talking about.
I disagree, and Cabinet can go and make this decision and send us an e-mail to let us know that they made this decision. That is not satisfactory.
Such unilateral decision-making is not only arrogant and an example of short-term thinking, it misses the opportunity supposedly assured by consensus government for all of us in this House to put our minds together to work out the best possible solution to an issue and come up with the most effective use of the relatively scarce dollars that we are dealing with. That’s what this is about.
Mr. Bouchard, Ms. Bisaro apologized for referring to some of the infrastructure stuff. Do not. I would suggest do not do that, because it’s related. It’s coming out of the same piggybank, as we will hear later.
These climate change impact costs are mounting. When combined with other, perhaps, fuel-based decisions involving $60 million, in addition to this $20 million, in addition to another $50 million that we will be talking about later today, even my math tells me that’s way over $100 million. We are struggling to maintain a cushion in our debt limit of $100 million. This is hugely significant to the programs we are able to put into place for our people and the future services we provide and the financial health and options that we will be leaving behind for the 18th Assembly.
I’m not interested in any remarks from the Minister on this, but I’m going to leave him time, if he wishes, and this is a foregone conclusion. Thank you.