Thanks, Madam Chair. One more quick question: where does the supplementary reserve fit in on this page, somehow? Thanks, Madam Chair.

Thank you, Member. Minister.

Madam Chair, if I could perhaps suggest the deputy minister is a better place to explain the supplementary reserve, please.

Thank you, Minister. Deputy minister.

Thank you, deputy minister. Member for Great Slave.

Thank you, Madam Chair. Trying to dive through all of this, I am looking at the line item for the capital leases under the Government of the Northwest Territories subheading. I note that we currently don't have debt on the books or projected for the end of 2022; however, there is the $500,000 in contingency noting that the contingency is based on the working capital requirements. As the note says: Does the government anticipate that they are going to take on new debt or some sort of new expense here that we haven't currently been spending money on? Thank you.

Thank you, Member. Minister.

Thank you, Madam Chair. Again, as I was just saying, there are a number of contingencies fairly conservatively built in. I am not expecting right now that there would be any need for this, but it is an item that is, again, put in here to ensure that there is sufficient flexibility and room in the fiscal plan and in the borrowing plan to not have anything unexpected that's not built into what we are projecting. Thank you, Madam Chair.

Thank you, Minister. Member for Great Slave.

Thank you, Member. Minister.

Thank you, Madam Chair. Perhaps I will suggest that we direct this one to the deputy minister from the accounting perspective as to why we decided to include it on this line item here. Thank you.

Thank you, Minister. Deputy minister.

Thank you, deputy minister. Member for Great Slave.

I'm still curious to know what those potentially could perhaps be, but I will move on. I just wanted to come back to some comments made by my colleagues around coming close to the debt limit. I, too, am concerned to see that we are doing a lot of borrowing now and spending a lot of money in what I feel like should start to become more of an austerity type time, not taking on new debt.

However, that being said, when the Minister commented around what she thinks will reduce that or not make us hit that limit, it was about comments around Health and Social Services or the health authorities and their fiscal sustainability and then the government renewal, which are both going to take some time, I imagine. What I am concerned is to not hear anything around the mineral resources sector, et cetera, which I understand is not in this part of the budget. However, being that it is 40 percent of our GDP, I will be having questions for the Minister when she puts her other hat on as ITI, so thank you. More of a comment.

Thank you, Member for Great Slave. I will take that as a comment. Did you have any other questions? Do we have any other questions on the borrowing plan from Members? No further questions on the borrowing plan? Borrowing plan for the government reporting entity and establish borrowing limits for the Government of the Northwest Territories, total consolidated borrowing, $1,587,475,000. Does committee agree?

Does committee agree that consideration of the borrowing plan is completed?

Thank you, committee. We will now move on to the Department of Finance. Committee, we will defer the departmental summary and review the estimates by activity summary, beginning with the directorate, starting with page 140 with information items on page 143. Questions? Does committee have any questions for the directorate? Member for Kam Lake.

Thank you very much, Madam Chair. There is a contribution here to the NWT Housing Corporation, and I am wondering if the Department of Finance has begun conversations about converting the NWT Housing Corporation to a regular GNWT department? Thank you.

Thank you, Member for Kam Lake. Minister of Finance.