Robert C. McLeod

Thank you, Mr. Chair. Mr. Chair, to my right I have Mr. David Stewart, who is the deputy minister, Department of Finance. To my left, I have Ms. Sandy Kalgutkar, deputy secretary to the FMB.

Thank you, Mr. Speaker. I, too, would like to recognize two Pages today working this week in the House, Phoenix Crevier-Walsh and Harvey Havioyak-Kaladhok. Thank you for what you are doing.

Thank you, Mr. Chair. Mr. Chair, it has been adjusted. It is a part of the base funding for next year. Thank you, Mr. Chair.

Thank you, Mr. Chair. Mr. Chair, I'm here to present Supplementary Estimates (Infrastructure Expenditures), No. 4, 2017-2018. This document provides for an increase of $2.4 million to the capital budget.

These supplementary estimates include $1.5 million for the purchase of four portables for St. Joseph School in Yellowknife, and $900,000 towards a construction of a new fish plant in Hay River. This expenditure will be fully offset by revenue from the Canadian Northern Economic Development Agency.

That concludes my opening remarks, Mr. Chair. I am prepared to respond to committee's questions...

Thank you, Mr. Chair. I have been given the indication that yes.

Thank you, Mr. Speaker, for allowing me to do a second reading of bills. Mr. Speaker, I move, seconded by the honourable Member for Hay River South, that Bill 7, Chartered Professional Accountants Act, be read for the second time. This bill, like the parallel statute to be introduced in Nunavut, establishes the Organization of Chartered Professional Accountants, which will be responsible for regulating the profession of accounting in the Northwest Territories and Nunavut. This bill merges the existing professions of certified general accountant, certified management accountant, and chartered...

Thank you, Mr. Chair. Mr. Chair, the Multilateral Early Learning and Child Care Framework with the Government of Canada is a 10-year. The framework is 10 years. The funding agreement is for three years.

On the resource royalty revenues, I mean, we started receiving those revenues at devolution before that were a number of years before that; I don't believe we got any revenue at all from the resources that were extracted from the Northwest Territories. It was a long time coming, and it's a start. I hope we will continue to see that pile of money increase in the future, which would mean that there would be more jobs in the Northwest Territories.

Again, the Member makes a good point, though. The territorial formula financing that we have with the federal government is quite complex. There are a...

Yes, thank you, Mr. Chair. Mr. Chair, the supplementary reserve for next year will be $30 million, but we don't anticipate our ask coming forward to be as high as they this year because, with a lot of the health-related items in this supplementary, we are building them into the base so we will have that discussion during the main estimates and business plans for next year, but we do not anticipate unless there is something unforeseen. We don't anticipate the amount being as high next year. Thank you, Mr. Chair.

In my response to the questions to Members previous, I had talked about the carbon pricing and the effect it might have on the territorial formula of financing. Part of the discussions that we will have with Ottawa is on how that may affect our territorial formula of financing. I know we have had commitment from the federal government that they were going to recognize the uniqueness of the North, so we are hoping they take that into consideration. As we proceed into those discussions, again, I will commit to keeping Members updated on the discussions that we have. On the own source revenue, we...