Thank you, Mr. Chair. This issue of equity leases has been a long-standing problem. There are approximately 245 equity leases throughout the Northwest Territories. Only about a quarter, or 64, are in the settled regions, and 181 are within the unsettled areas. When I first heard about this issue, I think it might have been prior to my being elected; I might have heard it from clients; certainly, I heard from Members of my profession after I was elected, I had assumed that this would be fairly simple to straighten out, thinking that all of these leases would be at least similar. They are not, unfortunately. The ones within the settled regions are fairly straightforward, many of them, but within the unsettled regions, there are other issues involving possible Aboriginal claims or Aboriginal issues, and that is why additional staff is needed. Also, too, it is not merely in every case a question of simply transferring the title. There may be other issues that arise, such as having to resurvey the land or moving some buildings off the land if they are on two pieces of land, so those sorts of issues have to be resolved. We wanted to resolve this on a timely basis, and, as I say, it turned out to be more complicated than I had anticipated. Whenever I looked at a lease, I thought, "Oh, this one's different than the last one I'd seen." So the public very much wants to resolve this and have a certainty, by the public, I mean those who hold leases, so that they can have a path towards fee simple ownership. We thought it was of such importance that it was necessary to hire additional staff because there's going to be an awful lot of work involved in resolving this issue. Thank you, Mr. Chair.
Louis Sebert on Consideration in Committee of the Whole of Bills and Other Matters (Reversion)
In the Legislative Assembly on February 22nd, 2018. See this statement in context.
Consideration in Committee of the Whole of Bills and Other Matters (Reversion)
Consideration in Committee of the Whole of Bills and Other Matters (Reversion)
February 22nd, 2018
See context to find out what was said next.