There is currently a resource-royalties review underway. There is, of course, the Mineral Resources Act regulatory scheme that is being reviewed and looked at to bring the Mineral Resources Act into place. To the extent that there is some concern about the way that the fund gets managed, which is detailed quite extensively in the regulations surrounding the heritage act, then, at that point, again the Department of Finance is more than happy to assist a committee of the Assembly which is charged, in fact, with the review that is supposed to happen in the 10-year plan. I am looking forward to that process and to all these processes and to continuing to be available to support the Assembly when that review takes place and to continue to update the Assembly with respect to the Mineral Resources Act as it evolves and to the royalty review that is included therein. Thank you, Mr. Speaker.
Caroline Wawzonek on Question 519-19(2): Northwest Territories Heritage Fund
In the Legislative Assembly on February 8th, 2021. See this statement in context.
Question 519-19(2): Northwest Territories Heritage Fund
Oral Questions
February 8th, 2021
Page 1808
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