Thank you, Madam Chair. Madam Chair, this is a P3 arrangement. The Mackenzie Valley fibre line is a P3 arrangement right now. So similar to others where determining the kind of risk that is at play, that the best way to mitigate the risk and maximize the availability of the spend that we have for an asset, was done through a P3 arrangement. So it's a GNWT asset, as I've said. It's reflected on our GNWT, you know, books, if you will. But for us to necessarily be the singular party involved would have involved a cost, an upfront cost that is difficult for the government to manage. That's why we get into P3s a lot of the time, is either in order to mitigate the risk or because it's difficult to finance. And this is in the same category, Madam Chair. Thank you.
Caroline Wawzonek on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on November 24th, 2021. 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
November 24th, 2021
Page 3004
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