In my response to the questions to Members previous, I had talked about the carbon pricing and the effect it might have on the territorial formula of financing. Part of the discussions that we will have with Ottawa is on how that may affect our territorial formula of financing. I know we have had commitment from the federal government that they were going to recognize the uniqueness of the North, so we are hoping they take that into consideration. As we proceed into those discussions, again, I will commit to keeping Members updated on the discussions that we have. On the own source revenue, we keep all our own source revenue except for the resource royalties, which we just started receiving a few years ago. A part of that goes back to Canada. We get a portion of that, but all the other own source revenue, we keep within the territorial government.
Robert C. McLeod on Question 255-18(3): Renewal of Territorial Formula Funding
In the Legislative Assembly on March 13th, 2018. See this statement in context.
Question 255-18(3): Renewal of Territorial Formula Funding
Oral Questions
March 13th, 2018
Page 3828
See context to find out what was said next.