Thank you, Mr. Speaker. That fund is a Government of the Northwest Territories fund that is set up to subsidize the power rates in the NUL thermal communities, of which there are four, to subsidize those rates down to the NTPC thermal community rate and that subsidization is about half a million dollars a year of government money into the NUL subsidy of their rates. Thank you.
Michael Miltenberger on Question 876-17(5): Territorial Electricity Rate Equalization Fund
In the Legislative Assembly on June 4th, 2015. See this statement in context.
Question 876-17(5): Territorial Electricity Rate Equalization Fund
Oral Questions
June 4th, 2015
See context to find out what was said next.