Thank you, Madam Chair. Well, I also just think this is a great idea for our people. I also think that there is an economic benefit for forgiving people's debt. And I've mentioned it here before. We've heard the conversation in the US around forgiving of student loans and how that will actually help with stimulating economy because money that would then be spent on interest and principal payments will then be back into the economy and being spent by people. And I'm always struck by how the communities operate, from what I see anyway, is that any time someone is doing well or has the ability to help, they do. So, you know, if people here are having their arrears forgiven and they're no longer paying towards a debt, I don't think they're going to turn around and take this extra money and run off to Cancun for a vacation. They're going to turn around and help the people around them that are struggling. And so to me this will have actually more of a ripple effect in that sense because I know people are out there taking care of each other. And we've talked about how we're even at times, you know, taking care of people. You know, we've all helped people we probably have not even ever met. And so, you know, I think that's a piece that needs to be recognized here. It's not just removing this debt but it's also then the power of the money that will no longer be going towards this government debt. And then there's the saving on administration fees of people having to, like, spend time going after these people and trying to collect when it seems to be quite futile. Thank you, Madam Chair.
Katrina Nokleby on Committee Motion 434-19(2): Committee Report 47-19(2): Homelessness Prevention: Supporting Pathways to Housing NWT Residents - Forgiveness of Arrears for Residential School Survivors, Carried
In the Legislative Assembly on March 29th, 2023. See this statement in context.
Committee Motion 434-19(2): Committee Report 47-19(2): Homelessness Prevention: Supporting Pathways to Housing NWT Residents - Forgiveness of Arrears for Residential School Survivors, Carried
Consideration In Committee Of The Whole Of Bills And Other Matters
March 29th, 2023
Page 6048
See context to find out what was said next.