Wally Schumann
Statements in Debates
Yes, the funding, the GNWT source, is from the existing O and M budget, just to answer the Member's question. This project is premised on the fact that the federal support is required for the project and that it will become a driver for clean growth for the people of the Northwest Territories. A preliminary business case will be prepared for this fiscal year. Work is still under way to find high-level costs for the transmission component.
Mr. Speaker, the Government of the Northwest Territories recognizes the need to advance the territorial vision of land and resource management in accordance with the Land Use and Sustainability Framework, and we have made a mandate commitment to evolve our legislative, regulatory, and policy systems to develop and proposing a variety of acts, including the Mineral Resources Act.
The Northwest Territories has mineral potential that could position itself as a primary economic driver for our country. The Government of the Northwest Territories is committed to responsibly managing Northwest...
As I mentioned in my statement yesterday and in one of the questions that I answered, I have had discussions with the Akaitcho, which does include Deninu Kue, at the table at that time.
Thank you, Mr. Speaker. Yes, we can do that. Thank you, Mr. Speaker.
As we have done a number of technical work and stuff that was done previously in the previous Assemblies on this work, that stuff is going to be part of the updated stuff that we will have to work on. The transmission system is still under study, so it would be premature to speculate what that new cost would be because it's a whole different type of system, as I have said before in this House. We are looking at the first underwater, high-voltage, direct-current line under Great Slave Lake. We are waiting for those costs to still come back, but, once we compile these types of costs, I would be...
As the Member knows, and I've said it publicly, I've said it in committee, this government is committed to looking at all the taxes that are around the royalty regime. We made the decision to put that up to the 19th Legislative Assembly. Our department, I've directed them, and they have already started to do some of the legwork that is going to have to be needed to be done in the 19th Assembly so we have a full comprehensive review of what is all included in this. Thank you, Mr. Speaker.
There are currently two. We've got Almod Diamonds, Limited, who recently was approved as our latest one. Crossworks Manufacturing Ltd., who operates uptown. These two are both actually working at updating their business plans to meet our new matrix. Also in response to this news when we announced this policy, I want to let this House know that these amendments were positively received. We've had preliminary discussions with two more international manufacturers who are interested in setting up here, and additional discussions with diamond brokers and industry experts who represent other...
Mr. Speaker, I give notice that on Monday, February 11, 2019, I will move that Bill 34, Mineral Resource Act, be read for the first time. Thank you, Mr. Speaker.
I'm not sure exactly what the Member is asking. We did the federal announcement. Prior to the federal announcement, I gave the Indigenous governments a heads-up. In fact, I even flew to Edmonton to meet with two of them and have discussions about them supporting this project and how we want to work on this thing going forward. There seems to be a lot of goodwill in the room on this project, and that is why we are moving forward on it. Thank you, Mr. Speaker.
If this does prove out to be a situation that needs to be addressed, depending on what the cost is, I suspect that this is something that we can possibly look at doing from within, but I will not commit to doing that until I get the exact details. I'm sure, if it is a situation where we need to address it to keep the road open for the residents of the Northwest Territories, we will have a serious look at doing it.