The government, every year when it tables its budgets, projects an operating surplus to fund its infrastructure, and we’ve always been able to do that, so while a portion of the short-term debt would be infrastructure, as I said earlier, the majority of it is related to operational or day-to-day requirements to fund government operations. The operating surplus, by and large, for the most part, alleviates most of the cash burden related to an infrastructure spend in any given year, and again, the Fiscal Responsibility Policy limits that debt, whether it be long-term or short-term, to 50 percent.
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.