Debates of June 4, 2013 (day 30)
MOTION 20-17(4): PROPOSAL FOR USE OF NEW RESOURCE REVENUES
Thank you, Mr. Speaker. I give notice that on Thursday, June 6, 2013, I will move the following motion: Now therefore I move, seconded by the honourable Member for Deh Cho, that this Legislative Assembly proposes on an annual basis the GNWT’s share of the new Devolution Agreement resource revenues be expended according to the following formula:
one-quarter to infrastructure investment;
one-quarter to one-time Assembly priorities;
one-quarter to the Heritage Fund; and
one-quarter to debt repayment.
And further, that the Government of the Northwest Territories seek public input on the above proposal for the use of new resource revenue and report back to the Assembly on the results of those consultations;
And furthermore, that the Government of the Northwest Territories provides a comprehensive response to this motion within 120 days.
Thank you, Mr. Hawkins. Mr. Yakeleya.