Thank you, Madam Chair. Madam Chair, the Fiscal Responsibility Policy isn't where the cap on the capital projects came in. That is an approach towards capital planning that we had imposed to put a cap on department spending of $260 million. That was introduced in 2023-2024, but it didn't exist in prior years, and it certainly didn't exist under the past Assembly, which is where a lot of projects wind up moving forward. So to the extent that if we hadn't put that cap in 2023-2024 and the 2023-2024 budget had started out much higher as it had been over the two, three, and many years before that, we'd be looking at a much higher total envelope. So, you know, to begin with, you know, that's still the good news of the cap that was put in. And it's going to be continuing going forward, and we'll start to see the fruits of those labours where there's less to be carried over because the capital plan from a starting point is not as big as it was. But -- I don't have a clock here in front of me so I'm trying to be conscious of the time but, you know, asking about where that's -- that cap is still there, and it's going to move forward. But there are some things that were carried forward because the cap wasn't imposed in the past, and the budget was very big in the past with a lot of projects sitting on the books. Thank you, Madam Chair.

Thank you. Member for Frame Lake.

Yeah, okay thanks. If I wasn't confused before, now I am. But look, what we're being asked to do then is approve a whole bunch of carryovers which means we're not getting money out the door, and I don't know why, but if the Minister wants to talk about that, that's fine. But we're not getting money out the door, we're being asked to approve more money that's probably not going to get out the door even this summer, so. And I think it's probably going to exceed this cap.

What's the purpose of having a cap when we're going to go over it again and again and again? So I'm going to have a lot of difficulty voting in favour of this, Madam Chair, just because we're being asked to approve more money that's not going to get out the door, and I think we need to be much more careful about this because the more money we spend on capital, the more -- the bigger the operating surplus has to be which means you got to cut back on programs and services for our citizens and I just don't think that's a good way to operate. And I've been very critical of this government from the beginning, even in the last Assembly, about over budgeting on capital projects. And that's exactly what this is all about.

But I want to ask the Minister is there anywhere in that -- are we still going to be in compliance with the Fiscal Responsibility Policy if this is approved? Thanks, Madam Chair.

Thank you. Minister.

Thank you, Madam Chair. Madam Chair, we spent $285 million in 2022-2023, which actually is a pretty significant amount when you compare it to what was being spent over ten years before that. And particularly considering those are post-COVID years that a lot of challenges were being faced, both private sector and public sector.

Madam Chair, at this point we would reconcile -- we reconcile the Fiscal Responsibility Policy in the fall. I have -- and we do track it over time, and we'll be seeing the most recent up to date numbers when we come forward with the capital budget in August.

Thank you. Member for Frame Lake.

Yeah, thanks, Madam Chair. I guess I'm asking the Minister, then, to prepare a page in each of the supplementary estimates as they come forward, and this should be a public document, maybe as an appendix or something, that demonstrates that even with the approval of the supplementary estimate, the GNWT's going to remain in compliance with the Fiscal Responsibility Policy. Is that something the Minister is prepared to do moving forward? Thanks, Madam Chair.

Thank you, Member. Minister.

Thank you, Madam Chair. Madam Chair, I will be happy to do that, something to that effect moving forward. And that was our intention with the capital plan for August, and we can certainly do that when there's infrastructure sups as well. Thank you.

Thank you. Are there any questions? Member for Yellowknife North.

Yeah, thank you, Madam Chair. I share some of my colleague from Frame Lake's frustrations. I think one of the issues is that the capital estimates and the supplementary estimates are, you know, financial documents created for public accounting purposes and they're really bad documents to try and figure out what is going on with our construction projects. I think an ideal system would be some sort of portal that would list all of the things we're building, when it was tendered, when it's being carried over, perhaps a reason why it's got delayed and ultimately showing when something is completed and falls off the books. I believe the Department of Infrastructure has been promising some sort of tracking beyond just, you know, these capital budgetary documents for a while now. Do we have any update on something like that coming into existence? Thank you, Madam Chair.

Thank you, Member. Minister of Finance.

Thank you, Madam Chair, Madam Chair, all I am able to say is to confirm that indeed that does seem like a very good idea, that there is something being worked on, and hopefully it will be in place -- well, I can't give a timeline for it to be in place. It's not an initiative necessarily of the Department of Finance but I can commit to getting a timeline to committee. Thank you.

Thank you. Member for Yellowknife North.

Thank you, Madam Chair. Yeah, and I do think that the Department of Finance prepares a briefing note for every single one of these line items that they share in confidence and it doesn't exist publicly, I think a lot of that information would probably save a lot of frustration of us asking the questions to just bring out basic facts on the record. But since we don't have that, I will ask some of those basic facts throughout.

Beginning with I have a different calculation of how much money we lapsed. It was quite a lot more than $2.7 million. But I guess I'll start with can someone tell me what projects $2.7 million we lapsed? Thank you.

Thank you, Member. Minister.

Thank you, Madam Chair. Madam Chair, let me go to Mr. Courtoreille and see if he can -- if he has a breakdown available and if not, we can provide it to committee. Thank you.

Thank you. Mr. Courtoreille.

If you want -- Member, did you want to use up your time and have him read it out, the list?

Yeah, I -- well, I guess, how many projects did we lapse and can we table it in the House or report this somewhere publicly or if not, then read it out. However it gets out publicly. Thank you.

Thank you. Will the Minister -- yes, will the Minister commit to putting this out publicly?

That's fine, Madam Chair.

Okay, Member for Yellowknife North.