In the last number of years we've had to use some short-term borrowing, usually beginning of the fall, as our expenditures continue to out-strip our revenues. This is not an option that we want to use too often. I mean, the option's there, we will take advantage of it, but our goal at the end of the day is to ensure that our expenditures don't exceed our revenue.
Robert C. McLeod on Question 1-18(2): GNWT Fiscal Strategy
In the Legislative Assembly on February 18th, 2016. See this statement in context.
Question 1-18(2): GNWT Fiscal Strategy
Oral Questions
February 17th, 2016
See context to find out what was said next.