Michael Miltenberger

Thank you, Mr. Chairman. The $2.6 million was money received in a settlement with a former insurer with the GNWT regarding a lawsuit initiated by the GNWT for compensation with respect to the GNWT and the GN’s settlement with victims of Ed Horne.

Thank you. We’re projecting a fairly aggressive repayment schedule of about 10 years.

Yes, I do, Mr. Chair.

Thank you. As we had shared information in terms of our projections, but this project is seen to be a revenue generator over time. Once we pay down the capital investment costs, the remote sensing operation out of Inuvik, which is the anchor tenant, would be the main revenue generator where we have countries, and agencies, and departments lined up to put in satellites and rent space on our fibre optic line, and then there will also be the ancillary benefits tied into the putting in of the fibre optic line into all the communities down the valley as we install the main line. So over time this...

Thank you, Mr. Chairman. We have both. We have some long-term debt with the bridge. We have other long-term debt against our borrowing limit that’s self-financing. As well, we have short-term debt. Thank you.

Thank you, Mr. Chair. The Member is correct; there is still work being done on the framework and looking at how we would structure and fund such a fund. Thank you.

Mr. Chair, firstly, we work with the Government of the Northwest Territories where we have a huge interest in alcohol education, through Health, through Active Living, through all of those other programs. As a commission, we label all of the bottles. We have the bags that are marked. We do posters. We do ads about responsible drinking, as well, as I indicated, to try to make sure that what we are doing is supportive and ties into the work that has been done by government departments such as Health and Social Services and Education. Trying to really push, for example, not having pregnant...

Thank you, Mr. Chairman. At this point we are contributing $250,000 a year and there is a 20-year period where we can’t touch the principal.

Thank you, Mr. Chairman. I would agree that we want to, in the coming year, as we look at increasing the amount of money we’re going to put into infrastructure, have a serious discussion how much of that money, that extra $50 million a year goes into energy infrastructure. We will be coming forward, as I have indicated a number of times now and the Premier has also made reference. We are going to come forward with a number of major initiatives, one tied to hydro in the North and South Slave focusing mainly initially on transmission and then we are, as well, going to lay out what we think is a...

That’s correct, Mr. Chairman.