Thank you, Mr. Speaker. Mr. Speaker, later today I am tabling the interim estimates that we're proposing, and with that does come an update as to our proposed borrowing. I can say, Mr. Speaker, that we do typically run an operating surplus where available for the government. Now, we do also provide updates in the fall with the capital planning process and normally would be providing the update as well as part of the budgeting process here. We're still waiting on numbers, and we're still coming in from this wildfire season. So the last time we did May estimates, 2023-2024 Main Estimates, we were projecting a surplus, and followers of the House will know that over the summer when we had to come back to seek significant additional funding for wildfires that we were at that time taking away significant money from that surplus. So as those numbers have come in, that has reduced that surplus even further and may well put us into an operating deficit for this fiscal year. As I said, again, numbers are still coming in so we're still going to have to wait a little bit longer to get an actual value for that but we certainly -- the Member's quite right, we're in a difficult situation as a result of the ongoing challenges that we've been having over the last few years. Thank you.
Caroline Wawzonek on Question 15-20(1): Northwest Territories Economic Deficit
In the Legislative Assembly on February 7th, 2024. See this statement in context.
Question 15-20(1): Northwest Territories Economic Deficit
Oral Questions
February 7th, 2024
Page 47
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