Thank you, Madam Chair. The fund was set up through the Revolving Funds Act to provide working capital to finance the inventory, the accounts receivable, and the operating expenses required for the distribution of petroleum products. The idea is that the fund would then stabilize prices for the communities. It can significantly fluctuate, so by providing these flexibilities for these pricing guidelines approved by the financial management board and the ability to seek approval for pricing outside the guidelines, in the event of extreme or unforeseen changes in the cost, that's how we end up stabilizing the prices. The variance between the budget from which the components of the fuel prices are charged are based on the actual results. That's why we see a difference there. I am just going to ask if Dr. Dragon has anything that he would like to add to that. Thank you, Madam Chair.
Katrina Nokleby on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on June 1st, 2020. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
June 1st, 2020
Page 944
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