Mr. Aumond on Consideration in Committee of the Whole of Bills and Other Matters

In the Legislative Assembly on October 30th, 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

October 29th, 2014

Aumond

Thank you. So, for the three buildings that are coming over, including the C.S. Lord geosciences building for ITI, these buildings were assets of the federal government and came over to the GNWT on April 1st when devolution was

implemented. So the process we use to transfer those was to get an independent appraisal of the buildings. So for the C.S. Lord, it is the number that

we’re considering here and we will book that number and we will amortize that asset and the value of that over the remaining life of the building and that’s how we would account for those assets on our books. Thank you.

See context to find out what was said next.

Mr. Aumond on Consideration in Committee of the Whole of Bills and Other Matters

Help us improve OpenNWT