This is page numbers 3977 – 4034 of the Hansard for the 17th Assembly, 5th Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was going.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Michael Miltenberger

Michael Miltenberger Thebacha

Thank you, Mr. Chairman. That money is sunsetted and the fiscal framework is adjusted, and the money has been absorbed or will be used. We have other costs, as we laid out in the budget, that have to be dealt with, but that money is sunsetted. I’ll ask Mr. Kalgutkar if he wants to add anything further.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair Robert Bouchard

Thank you, Mr. Minister. Mr. Kalgutkar.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Kalgutkar

Thank you, Mr. Chair. No, the Minister is right. The funding was only approved for the three-year period, and once the revenue requirement caught up to the rates then the money was just scheduled to expire.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair Robert Bouchard

Thank you, Mr. Kalgutkar. Mr. Bromley.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Bob Bromley

Bob Bromley Weledeh

Thank you, Mr. Chair. Again, just to be fully accurate here, what Mr. Kalgutkar meant, I think, was that this will catch us up to the point where we will continue to subsidize at $11 million to enable the Power Corporation to do their business. I guess I’ll leave it at that. The will of committee and interest of committee and having those dollars moved from subsidies into more efficient ways of addressing the cost of living for our residents has once again been ignored. I just want to make that clear with this.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair Robert Bouchard

Thank you, Mr. Bromley. I’ll take that as a statement. Committee, page 5-14, activity summary, deputy minister’s office, grants and contributions. Ms. Bisaro.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Wendy Bisaro

Wendy Bisaro Frame Lake

Thank you, Mr. Chair. Just a brief comment here. I had the same question with regard to the NWT Power Corporation general rate application funding. I am, I guess, pleased to see that this is the last year that we’re spending this money, but I want to reiterate that, like Mr. Bromley, I think we ought to be putting a larger focus on trying to decrease our cost of living, and I will have a question when we get to the page where we talk about the subsidy that we give to our residents in terms of electricity. But it seems to me that we have gone from $15 million to $9.5 million and now to slightly less than $3 million, and that money, that subsidy that we were providing for residents has just kind of melted into our general revenues and kind of disappeared and I don’t get a sense that we are putting enough effort into trying to reduce cost of living. No question there, but I wanted to make the comment.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair Robert Bouchard

Thank you, Ms. Bisaro. Committee, we’re looking at page 5-14, activity summary, deputy minister’s office, grants and contributions, $86.532 million.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Some Hon. Members

Agreed.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair Robert Bouchard

Page 5-15, information item, deputy minister’s office. Any questions?

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Some Hon. Members

Agreed.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair Robert Bouchard

Page 5-17, activity summary, fiscal policy, operations expenditure summary, $40.129 million. Mr. Dolynny.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Daryl Dolynny

Daryl Dolynny Range Lake

Thank you, Mr. Chair. Under this fiscal policy we know that the NWT tax policies and monitoring come under this policy. Can we get a bit of an elaboration on what exact tax policies are monitored within fiscal policy.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair Robert Bouchard

Thank you, Mr. Dolynny. Deputy Minister Aumond.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Aumond

Thank you, Mr. Chair. Fiscal policy division will monitor not only our own tax revenues but also some of the policies with respect to how they get administered and what’s happening across the country with respect to different types of taxes. In terms of compliance and other things, that’s another part of the department that does that, but fiscal policy will, from time to time, look at our taxes, look at our revenues and look at what’s going on with the cost of either living or doing business in the Northwest Territories and come up with an appropriate balance that allows the economy its best opportunity to grow at a sustainable rate.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Daryl Dolynny

Daryl Dolynny Range Lake

I appreciate the deputy minister’s response to that. Would taxes such as tobacco, fuel, payroll, does that come under the same fiscal policy?

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Aumond

In terms of the collection and compliance of those taxes, they’re done under our treasury division.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Daryl Dolynny

Daryl Dolynny Range Lake

Was that a no?

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Aumond

I’ll try to clarify. For example, looking for inspections, compliance and collections of tax revenue are done by our treasury division. Fiscal policy will come up with tax policy that would help us administer that. Also in this section you will find the cost of living tax credit, which is used as an offset to payroll tax that all of us pay.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Daryl Dolynny

Daryl Dolynny Range Lake

I appreciate the deputy minister clarifying that. I’ll use that in conjunction when we do this next year. I think, the net fiscal benefit monitoring falls under this policy, and I believe my question has to do with the amount of benefit that is being transferred to the Aboriginal parties from resource revenues, and I believe, according to the budget address and according to the activity, I believe it’s $15 million being set aside in this

budget. Can we get an idea, the $15 million that is in here, what percentage of that is of our resource revenues for the time period?

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair Robert Bouchard

Thank you, Mr. Dolynny. Minister Miltenberger.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Michael Miltenberger

Michael Miltenberger Thebacha

Thank you, Mr. Chairman. That’s the estimate that we have booked for Aboriginal government’s share of the net fiscal benefit that’s flowing to us through the agreement to collect all resource royalties; 50 percent goes to the federal government, the remaining 50 percent, when we look at that, of that, 25 percent of what’s left as agreed to go to the Aboriginal governments, and that’s what we anticipate based on past estimates that will accrue over the course of this coming year starting April 1st .

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Daryl Dolynny

Daryl Dolynny Range Lake

I’m just trying to figure out what $15 million represents here. According to the information we have here and talked about in the House and we’re hearing the term 25 percent, is 25 percent of the resource revenues $15 million? I just want to make sure I’m dealing percentage and numbers.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Michael Miltenberger

Michael Miltenberger Thebacha

If we start with the global figure of we are going to collect roughly in total $120 million, 50 percent of that goes to the federal government. The remaining $60 million, we’ve agreed 25 percent would go to the Aboriginal governments, which gets you to the $15 million, leaving about $45 million coming to us free and clear, of which we’re putting 25 percent of that $45 million into the Heritage Fund. Thank you.

Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters

Daryl Dolynny

Daryl Dolynny Range Lake

Great, thank you. Again, clarity is always the important key here. Just for the sake of understanding, under the grants and contribution transfers definitely a large part of that is this transfer to the Aboriginal signatories. I know this is maybe a book adjustment, but when is the actual physical money being given to the signatories physically? Thank you.