I hope the Minister isn’t trying to be obtuse here. Obviously, the net gain would be significant and that’s what we’re aiming for is increased revenues. So what would be the actual total or what would be the income you would have to have before you would lose access to the cost of living tax credit?

Thank you, Mr. Bromley. Mr. Kalgutkar.

What would be the income before you would reach the maximum there?

What I’m hearing is once you get up into the very high income bracket, you get a protection of about $1,000 and you may be paying several thousand dollars. For the rest, everybody can be protected under that very high income bracket and there would be no effect assuming we

adjusted the cost of living tax credit, which would also likely benefit those people again in the high income bracket. Again, I don’t see this holding much water except to protect those in the very high income brackets that obviously don’t need the same degree of protection that we could and very obviously are serving, as we know, in other ways with our government policies. I would urge the Minister to get down to brass tacks and put together a coherent and comprehensive discussion paper on raising our payroll tax in a way that minimizes the impact on our residents, but does maximize our opportunity for revenue. Thank you.

Thank you, Mr. Bromley. Minister Miltenberger.

Thank you, Mr. Chairman. We will update and refresh the information we have on taxation, including the payroll tax, and have that ready as we start the next budget cycle next month. Thank you.

Thank you. Next on my list I have Ms. Bisaro.

Thank you, Mr. Chair. Thanks to the Minister for reminding us that the budget cycle is never ending. That’s not for Members; that’s for staff, and I appreciate what they do.

When I asked questions yesterday of ITI, I was asking about the recorded $120 million in resource royalty revenues and the revenue is recorded in ITI. I asked where the corresponding expense was recorded because we don’t keep that $120 million; we get $60 million, give or take. So of the $60 million, I see a line item here for $15 million, which is the net fiscal benefit going to Aboriginal parties, but the other $45 million, I have no idea where that’s recorded. I would like the Minister to tell me, apart from the Heritage Fund money, which I understand is going to come later and be recorded in the next budget, but of the money that’s left, where is that recorded in our budget? Thank you.

Thank you, Ms. Bisaro. Mr. Kalgutkar.

So it’s going to show up in the infrastructure budget? Mr. Kalgutkar said the 2014-15 Capital Plan, if I heard him correctly. My understanding was that it wasn’t going to show until 2015-16. So I’m getting confused here. We have $45 million to expend. In 2015-16, I understand the Heritage Fund money will show up but the other money being used for infrastructure, where can I find that? Thank you.

Thank you, Ms. Bisaro. Deputy Minister Aumond.

Thanks to the deputy minister. Just to confirm, Mr. Kalgutkar said the infrastructure in 2014-15, but it’s infrastructure in 2015-16. Is that right? Thank you.

Thank you. Committee, we’re on page 5-17, activity summary, fiscal policy, operations expenditure summary, $40.129 million.

Page 5-18, activity summary, fiscal policy, grants and contributions, and transfers, $38.6 million.

Page 5-19, information item, fiscal policy, active positions.

Page 5-21, activity summary, budget, treasury and debt management, operations expenditure summary, $27.8 million.