Thank you, Madam Chair. Typically the government is in and out of short-term debt. Usually the longer we are into the fiscal year the more short-term debt we are into. As the Minister says, debt is primarily made up of operations and maintenance or programs and service debt, infrastructure. Most of infrastructure, as well, is financed through short-term debt, as well, other than those specific ones which we have financed over the longer term. For example, we know for long-term debt we have our Northwest Territories Power Corporation debt, some debt held by the NWT Housing Corporation and, as well, the Deh Cho Bridge are examples of long-term debt. Most of our infrastructure and, again, just the day-to-day dealings of government around the programs and service debt were financed through short-term debt.
Mr. Aumond on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on February 25th, 2015. 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
February 24th, 2015
Aumond
See context to find out what was said next.