Mr. Chairman, this was a difficult one to predict in advance. I think the reason for it was we underestimated the interest costs we would incur. Two things came about that caused that to happen. One being the equal pay payout. I think there was some retroactive pay on salaries that also had an impact. Thank you.

Mr. Chairman, we have overdraft provisions with both the Royal Bank and with the CIBC in order to get the best rates. In overdrafts with the Royal Bank, they are due on the 15th of each month. With the CIBC, it is on the 1st of each month.

Mr. Chairman, it is good advice. I also hope my best intentions come true. Thank you.

Mr. Chairman, I do not think this one should result in a lot of staff increase, in fact, of any staff increase. There is no intention to set up a division or a section that is going to deal with tangible capital assets. The costs we will incur come about as we implement the system and we need to do an accounting of all our assets and figure out what the amortization period will be for them and how the system will be structured.

Once it is in place, it will be run out of the departments. From my knowledge of the system, which I admit is probably limited, it appears to be a system that is going to save us money many times over by doing proper replacement and maintenance of the assets we have. But there is no intention to create a whole division to manage this new accounting process. Thank you.

Mr. Chairman, this $150,000 is a one-time expenditure. Having said that, there are going to be ongoing costs as we get the new accounting system put in place for tangible capital assets. Any future requirements will be built into the business planning process.

Yes, Mr. Chairman, I think the staff were aware two years ago or so, but it was not clear as to how it was going to be handled, or what the recommendations were going to be. That decision only came about in the last year.

Mr. Chairman, this issue is one that we did not become aware of until after the main estimates were done for the current fiscal year. Following that, even after we knew we were going to be moving in this direction, we still needed time to figure out what it was we were going to do and how we were going to do it. This was too late for the main estimates for 1999-2000.

Yes, Mr. Chairman, it was very difficult to predict whether or not there was going to be an appeal. Also, there was a fair bit of debate on the responsibility of the GNWT in supporting this issue. It was controversial at the time.

Mr. Chairman, this particular warrant was not really an ongoing process. It is a situation in which there was an appeal of a court decision.