I think we're talking about two things here: taxes and lease rates. The lease rates, as I say, are based on 10 per cent of the assessed value of the land, and that is consistent throughout the Northwest Territories. They are different things, obviously, taxes and leases, as anybody who owns property knows, and 10 per cent of the assessed value of the land, I suggest, would be a reasonable rental or lease rate.
Louis Sebert on Question 671-18(2): GNWT Land Lease Rates
In the Legislative Assembly on March 2nd, 2017. See this statement in context.
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