Thank you, Mr. Speaker. As I suspect many of the other creditors might still be fully compiling some of the data, we are in no different of a position than many others in that regard. I can say that in 2019-2020 the GNWT did collect $14.6 million in terms of taxes. Obviously, I'm not sure if that's necessarily the same. With COVID-19 some of the reporting dates have been deferred and delayed so that data is going to still have to continue to come in. We do, again, have the royalties that do come into us. Again, that reporting date was delayed. In addition to which, under regulation, I'm unable to break part the reporting of the royalties. They are reported in aggregate according to law. Mr. Speaker, it's just under $2 million in general liabilities that are owed, some of which have been invoiced but some of which we're still putting together. There certainly are some risks in terms of what is owed to the GNWT from Dominion Diamond. I would just note that CCAA proceeding doesn't mean that they would be unable to pay any of their liabilities to any of their creditors. Not to minimize the significance of the proceedings or the fact that we're monitoring them very closely, but it is simply an opportunity that we hope they will fully take to restructure their finances and be operational again.
Caroline Wawzonek on Question 290-19(2): Dominion Diamond Mine Creditor Protection
In the Legislative Assembly on June 3rd, 2020. See this statement in context.
Question 290-19(2): Dominion Diamond Mine Creditor Protection
Oral Questions
June 3rd, 2020
Page 1024
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