Repairs, renovations and minor capital projects need to be completed annually on both public housing and home ownership programs. The NWT Housing Corporation has a significant capital plan for 2016-17, $47 million, which includes repair and renovation budget of $18 million. $10.5 million is for repairs and renovations for NWT Housing Corp assets $6.5 million is for home ownership repairs and renovations. $1.1 million is for minor capital repairs.
Renovation and repair work for the Housing Corporation assets and home ownership units has been consistent and predictable and represents a huge opportunity for local contractors. It provides economic opportunity for contractors that they can sustain their operations and employees year after year. In some communities, it’s been a challenge for our Housing Corporation to find contractors to do the repair work that we offer every year. Sometimes we put tenders out up to three times and not receive responses.
New construction is really irregular and difficult for businesses and contractors to organize their businesses around. The repair and renovation is always there and is sustainable. Like I say, we’re really putting a focus into apprenticeships to build up the capacity in each community. Thank you, Mr. Speaker.