Thank you, Mr. Speaker. My questions are for the Minister of Lands. According to Section 6.5 of the Devolution Agreement, the GNWT assumes overall liability for the operating sites listed in Schedule 7, Part A.1 of the Final Devolution Agreement.
Could the Premier please provide the following information for each of the 13 sites listed:
amount of financial security currently held by the federal or territorial government;
the form of that security, e.g. irrevocable letter of credit;
the authority under which each security amount is held;
the expiry date of each security instrument;
the amount of security as set out in relevant water licences, land use permits, surface leases or other instruments for the specific site;
whether there has been an independent review of the liability; and
if there has been an independent review of the liability, what was that amount?
If there is a gap between the amount of security held and that which is authorized in relevant water licences, land use permits, surface leases or other instruments, does the GNWT still intend to take over the liability or will it exercise its right to not accept the site under Part 6.5 (d) to not accept that operating site?
How does GNWT plan to manage these liabilities and what are the plans to prevent any further public liabilities?
When does the GNWT intend to make public a list of financial securities held for the sites that it will manage into the future?
As of June 1, 2014, have any of the 61 sites listed in Schedule 7 Part E – Operating Sites (Oil and Gas, Industrial and Mining Dispositions) been transferred to the GNWT, and what is the status of the financial security being held for these sites?
