We will review these leases as they expire to have a look to make sure that there is the cost benefit. However, I do want to say that, in accordance with the policy, we undergo lease versus own analysis proposed on new lease contracts with terms of over 10 years. Currently we own 28 percent, and we lease 72 percent of our general office space, which is influenced by a number of things: location, local market conditions, operational needs, assessment, and also availability of capital. Thank you, Mr. Speaker.
Diane Archie on Question 647-19(2): Government of the Northwest Territories Leasing Policy
In the Legislative Assembly on March 9th, 2021. See this statement in context.
Question 647-19(2): Government of the Northwest Territories Leasing Policy
Oral Questions
March 9th, 2021
Page 2390
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