Floyd Roland

Thank you, Mr. Chairman. Mr. Chairman, we would be able to supply information to committee members with the breakdown of it. It's not just one number, there are a couple of factors thrown in there that make a difference for future years. There is an offset to that loss of future sales of diamonds that are marked with the polar bear trademark, as through this process we have entered into an agreement that would see the GNWT receiving a fee for each diamond that is solely under the polar bear trademark. Thank you.

Thank you, Mr. Chairman. Mr. Chairman, with me I have the secretary to the FMB, Mr. Lew Voytilla.

Thank you, Mr. Chairman. I am here to introduce Bill 2, Supplementary Appropriation Act, No. 4, 2004-2005. This bill requests authority for additional appropriations of $20.520 million for operations expenditures for departmental over-expenditures in the 2004-05 fiscal year.

The request is being made to comply with the authorization process for over-expenditure of appropriations as provided for in the Financial Administration Act. Details of the over-expenditures are as follows:

$620,000 for the Department of the Executive, Financial Management Board Secretariat, that represents the over...

Thank you, Mr. Chairman. I believe there were 22 or 23 employees; it's one of those numbers. Twenty-two were employed there and as the new owners have taken over, I don't have the latest information if they have added or changed any of that. Thank you.

Thank you, Madam Speaker. I move, seconded by the honourable Member for Weledeh, that Bill 10, An Act to Amend the Income Tax Act, be read for the second time.

Madam Speaker, this bill amends provisions of the Income Tax Act to make them consistent with parallel provisions in the Income Tax Act (Canada) that relate to tuition and education credits, foreign tax credits, child tax benefits, deductions from tax and capital gains refunds for mutual fund corporations. Thank you, Madam Speaker.

Thank you, Mr. Chairman. Mr. Chairman, the receiver was Deloitte and Touche who does business in the North but does not have its operations here in the North, and their legal people that they used for some of this work, as well, are companies that are not headquartered here or stationed here. They do work in the North, but the majority, if not all this money, has gone to those companies that are outside the Territories.

As well, once you go to the courts and ask for a receiver and one is appointed, it is done. When we took this action, it was fairly new to us as the Government of the...

Thank you, Madam Speaker. I move, seconded by the honourable Member for Frame Lake, that Bill 8, An Act to Amend the Revolving Funds Act, be read for the second time.

Madam Speaker, this bill amends the Revolving Funds Act to decrease from $5 million to $1 million the maximum fiscal year end debit or credit balance in the petroleum products stabilization fund.

Thank you, Mr. Chairman. Mr. Chairman, the work on the federal expert panel has started, as well as the Council of the Federation panel has been announced and their work is starting. The one with the federal government, the expert panel, is from the federal government viewpoint looking at the whole area of equalization formula financing and will report back by late 2005, around December. The Council of the Federation panel which has a slightly more open mandate to look at both at what we call a vertical and horizontal fiscal imbalance, on that side of it they will be reporting back around...

Thank you, Madam Speaker. I move, seconded by the honourable Member for Weledeh, that Bill 10, An Act to Amend the Income Tax Act, be read for the first time. Thank you, Madam Speaker.

Thank you, Madam Speaker. Madam Speaker, the Member is right; there have been a number of problems with a number of projects in Sachs Harbour. Unfortunately we’ve had weather delays, and that’s one of the issues we have to deal with as residents of the Northwest Territories. Accessibility is hampered at times, as we’ve heard earlier today. The Sachs Harbour health centre renovation is largely complete. They were planning to do a substantial completion inspection in April, but it was aborted due to weather. In fact, the people doing the inspection tried to get into Sachs Harbour yesterday...