Thank you, Madam Chair. I'm just going to see what the big increase was. We do have a surplus, very true, in the Yellowknife Airport Revolving Fund of $12 million. The fund bought various assets; however, they are owned by the GNWT, so for accounting purposes only, it's just a method of disclosure. The total accumulated surplus includes the value of the net assets transferred to the revolving fund by the GNWT. It is true, yes, we are going to start spending on things to improve lines and baggage, improve lines and baggage. The airport has a 20-year master plan, which is about to be released for a competitive procurement. Without wasting too much of the Member's time: yes, we will be spending this, but yes, we do recognize that we have a surplus. Thank you, Madam Chair.
Diane Archie on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 2nd, 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
March 2nd, 2021
Page 2257
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