I want to thank the Minister for that report on the health of the fund, but she did not really answer my question about why there is going to be so little to pass on to future generations. The problems with the fund started with the very low rates at which we capture revenues from resource development. There is no legally set revenue stream for the heritage fund and no public governance. As we approach the 10-year mandatory review, what is the Minister going to propose to ensure that we capture and retain a fair share of resource revenues for future generations?
Kevin O'Reilly 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 1807
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