Thank you, Madam Chair. Right now, these leases are of a shorter term in nature. Like, they go up to about five years in a number of cases, and they are considered operating leases at this time. So they are reflected as an O and M expenditure. They're not a longer term capital lease scenario and if that was the case, then that would have affect the debt calculations of the corporation and then ultimately the debt calculations for the GNWT. Thank you, Mr. Chair.
Mr. Martin on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 28th, 2022. 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
February 28th, 2022
Page 3578
Martin
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