Right now, I'm going to just kind of redirect back to the questions related to capital. Thank you. Member.
Debates of Oct. 30th, 2020
This is page numbers 1523 - 1562 of the Hansard for the 19th Assembly, 2nd Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was housing.
Topics
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Rylund Johnson Yellowknife North
This gets to my entire point, Madam Chair. I'm looking at a capital budget, which the Housing Corporation goes and creates, which is undeniably based on how much it has to pay the authorities, how many staff the authorities have, how much staff it has, because it all comes out of one other O and M budget. Perhaps the Minister can look into that and come back with options of corporate restructuring. How many public housing units do we have in Yellowknife, and what is the current wait list in wait list in Yellowknife, Madam Chair?
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Paulie Chinna Sahtu
Thank you, Madam Chair. I will have Mr. Martin respond to the question. Thank you, Madam Chair.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Martin
Thank you, Madam Chair. Yes. In Yellowknife, the Housing Corporation administers 344 public housing units. Thank you, Madam Chair.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
Page 1561
Rylund Johnson Yellowknife North
Thank you. Can I get the wait list, and can I get how many of those public housing units we own as opposed to rent? Thank you, Madam Chair.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
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The Chair Lesa Semmler
Again, I'm going to redirect us back to the capital. Unless the questions are going to be leading up, if you could direct your questions to the capital. Thank you. Member for Yellowknife North.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Rylund Johnson Yellowknife North
Thank you, Madam Chair. I believe we have a very large wait list. We have a lot of housing units. I believe we don't own a lot of them. I would like to build capital such that we can have GNWT-owned housing units in Yellowknife. Is the Minister willing to bring the rented units or the amount of units that we don't own into GNWT ownership in the Housing Corporation? Thank you, Madam Chair.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
Page 1561
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
Page 1561
Paulie Chinna Sahtu
Thank you, Madam Chair. This is a discussion I'll have with my department. Thank you, Madam Chair.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Rylund Johnson Yellowknife North
Thank you, Madam Chair. We had a bit of a conversation about capital management and I believe I heard, I forgot the put the figure down, but a very significant deficit, $40 million a year essentially, for the Housing Corporation to manage its stock. Is the Housing Corporation required to amortize its assets such that it is required to spend a certain amount in its capital budget every year, and if so, what is that amount? Thank you, Madam Chair.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Paulie Chinna Sahtu
Thank you, Madam Chair. That is correct. I don't have the amount in front of me. I'll have Mr. Martin respond. Thank you.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
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Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
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Martin
Thank you, Madam Chair. Yes. Our annual amortization depreciation of assets runs around $14 million. Thank you, Madam Chair.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
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Rylund Johnson Yellowknife North
Thank you, Madam Chair. This is one of those things I struggle to understand: budgets and the Housing Corporation budget. If we are required to amortize $14 million in assets, are we not then required to spend $14 million in the capital budget? However, I note that this capital budget is not $14 million. Can I get an explanation for why that is? Thank you.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
Page 1562
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
Page 1562
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
Page 1562
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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Martin
Thank you, Madam Chair. The aim of the corporation is to set aside a notional amount of $15 million a year, as was noted previously. For this year that we have tabled, for this review, we are below that amount, and currently, we're utilizing some additional dollars to support leveraging the other partners. Thank you, Madam Chair.
Committee Motion 45-19(2): Tabled Document 181-19(2): Capital Estimates 2021-2022 - Infrastructure - Deferral of Department (page 40), carried
Consideration Committee Of The Whole Of Bills And Other Matters
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