Thank you, Madam Chair. I want to again raise the profile of some of my correspondence I had with the Minister in terms of new tax initiatives; not tax changes to increase personal tax and other methodologies that were suggested. I think it's important to concentrate basically on pages 6 and 7 of the Finance Minister's address yesterday, and try to conceptualize where he wants to fit it into the opening remarks today.
I believe we all recognize the difficulty he has with Finance Canada in trying to come to a conclusion on the formula financing agreement; we're all aware of that, territory-wide. I'd just like to raise the point to the Minister that we're certainly concerned from a constituency perspective. I think we've heard a lot about our inherent costs in trying to meet the obligations of this government to deliver appropriate and sustainable program service delivery. That's why I raised the point -- and I will reiterate that in my correspondence to the Minister -- that we should really look at Bill C-48 as a mechanism to deal with aboriginal self-government, to see if they would cost share many of those program service deliveries as they have the capability, as well as through land claim agreements and other funding agreements with the federal governments.
Somehow it bypasses our government coffers and sometimes in treaty entitlements, for example, and other different modes, we see the people in the Western Arctic make huge announcements on human resources training and employment that goes directly to aboriginal groups. So certainly I want to speak a bit on some of those processes, and later on I will ask the Minister some questions on the validity of those transfers and how they will affect our fiscal situation.
I strongly believe that we have very little capability in negotiating directly with Finance Canada, Madam Chair. I think we need to find a way as we continually hear different departments respond to questions of what causes us to have increased costs to this government. Certainly recognizing his points in the budget address, respectfully I feel somewhat compelled that we need to look at different methodologies to address Finance Canada and see if we can somehow put them on the block here where we can somehow force the issue.
I think myself, as well as other Members of this Assembly, are concerned that as long as we are in a deficit budgeting process, we will continue to be under pressure from the constituents to try to introduce new initiatives that would help the Minister overcome some of those deficits. I look at some of the areas in terms of how we will deal with other local governments and also aboriginal governments, and we talk about how we should work together in trying to get some departments looking at putting people back onto the land so they become resourceful again, for example. It's a very minute investment that will return greater net results, simply because there will be less pressure on social expenditures.
It has also been raised to me many times -- and I raised it again yesterday in my reply to the opening address -- we really need to look at a comprehensive review of our programs and services and look at some of the efficiencies and some of the cost analyses of trying to reform them. At some point, I'll ask the Minister if he will take a lead role in looking at this in the context of the costs and will he look at his discussions with the federal government in trying to deal with our fiscal situation.
I realize it's long term, but I still think we need to plant the seed today so he can incorporate it into his 2005-2008 business plans and modify his tax system to truly address some of the key problems we have. I don't beg to differ on the Minister's budget speech, but certainly, in a helpful way, hopefully we could work as an Assembly and try to look at issues such as zero-based budgeting, for example, and tax rate initiatives is another example, giving older workers the ability to retrain so they can become productive in their small communities. It worked well in the past; I think there's still the possibility it will work well again in the future.
Also I think in terms of the fiscal strategy, Madam Chair, we really need to ask you to deal with that at the Circle of Northern Leaders meetings so that they understand precisely where we're at to know their capabilities to support their own initiatives as they come to us quite often.
If I may speak briefly before I conclude, Madam Chair, when we talk about devolution, I'm still concerned about the proposed transfer of dollars in terms of the cash quantum. In my many meetings with my colleagues from the Yukon, they always emphasize that we should not go into the devolution process or the resource revenue sharing process without some definite and very definitive legal obligations. I think quite often we use the word "a covenant." That would establish precisely what our entitlements are. So I just want to say that I think being helpful in the long-term discussions, we need to look at that as one of the very important aspects of the future negotiations and the fiscal framework agreement with the federal government in terms of how you articulate the need for resource revenue sharing and also trying to find solutions to the many problems we are confronted with.
So, Madam Chair, to the Minister again, hopefully you find my suggestions helpful and we will be able to work with you in the context of your trying to resolve our fiscal and our financial problems, not only today but as we go towards your objective of having a balanced budget by 2006-2007. With that, I conclude my statement, Madam Chair. Thank you.