Thank you, Mr. Speaker. This is a complex issue; of course, I certainly would want to discuss this with my colleagues. My understanding was that, in the last year, there were approximately $83 million of royalties obtained from the mining industry in the Northwest Territories; however, there is not an individual breakdown from individual mining companies. I think in the past they have resisted that for the reason that they didn't want to be sharing that kind of information with competitors, because royalty regimes and rates are based often on gross production or profits. Traditionally, in the past, they have not wanted to share that with the public or with competitors, but I think that as Minister of Transparency we have to at least look at this issue. Thank you.
Louis Sebert on Question 77-18(3): Transparency In Resource Royalties
In the Legislative Assembly on February 9th, 2018. See this statement in context.
Question 77-18(3): Transparency In Resource Royalties
Oral Questions
February 8th, 2018
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