Agreed.
Page 5-14, Finance, activity summary, deputy minister’s office, grants and contributions, contributions, total contributions, $81.058 million. Mr. Bromley.
Madam Chair, I had a question on page 5-13.
We have agreed to that page, Mr. Bromley. We’re on page 5-14. Did you have a question on page 5-14? Mr. Bromley, does your question refer to the Housing Corporation?
Yes, it does.
We will be looking at the Housing Corporation on page 5-14. We are on page 5-14. Mr. Bromley.
Thank you, Madam Chair. I guess maybe I can just get a quick explanation of that contribution to the Housing Corporation.
Thank you, Mr. Bromley. Mr. Miltenberger.
Thank you, Madam Chair. As I indicated in my comments to the departmental budget, we’re the banker and we basically flow the money through to the Housing Corporation to run their operations and do the work they do with housing.
Just on the contribution to the Inuvik gas situation, is that a one-time cost, do we know, or is that expected to be an annual cost?
At this juncture it’s over the next four years.
I understand that’s $5 million per year for the next four years.
I’ll get Mr. Kalgutkar to speak to that, but the amount does drop from $5 million on down. I’ll ask Mr. Kalgutkar to provide the detail.
Mr. Kalgutkar.
Thank you, Madam Chair. The total contribution that’s part of the GRA which includes the Inuvik gas issue is $15.6 million. As we phase the rate increases in over the next four years, our contribution does drop, and the full requirement at the end of the third year will be made up by the rate base.
Thank you, Mr. Kalgutkar. Mr. Bromley.
I understand that now. It would seem to be reported as two different things here. These are both the general rate application and the Inuvik gas pertaining to the general rate application. Is that correct?
Thank you, Mr. Bromley. Mr. Miltenberger.
Yes, Madam Chair.
Thank you, Mr. Miltenberger. Mr. Bromley. Page 5-14, Finance, activity summary, deputy minister’s office, grants and contributions, contributions, total contributions, $81.058 million.
Agreed.
Page 5-15, Finance, activity summary, information item, deputy minister’s office, active positions.
Agreed.
Page 5-17, Finance, activity summary, fiscal policy, operations expenditure summary, $23.494 million.
Agreed.
Page 5-18, Finance, activity summary, fiscal policy, grants and contributions, grants, total grants, $22.200 million.
Agreed.
Page 5-19, Finance, activity summary, information item, fiscal policy, active positions.
Agreed.
Page 5-21, Finance, activity summary, budget, treasury and debt management, operations expenditure summary, $11.567 million.
Agreed.
Page 5-22, Finance, activity summary, budget, treasury and debt management, grants and contributions, grants, total grants, $6,000.
Agreed.
Page 5-23, Finance, activity summary, information item, budget, treasury and debt management, active positions.
Agreed.
Page 5-25, Finance, activity summary, office of the comptroller general, operations expenditure summary, $18.633 million.
Agreed.
Page 5-26, Finance, activity summary, office of the comptroller general, grants and contributions, contributions, total contributions, $11.085 million. Mr. Bromley.
Thank you, Madam Chair. Is this an amount that’s expected to occur on an ongoing basis or is this adjusted from year to year?
Thank you, Mr. Bromley. You’re referencing the Power Subsidy Program, I believe. Mr. Miltenberger.
Thank you, Madam Chair. This is the Residential Power Subsidy Program.
Thank you, Mr. Miltenberger. To the question of whether the amount stays the same or is adjusted annually, Mr. Aumond.
Thank you, Madam Chair. The rate is adjusted somewhat annually and is, of course, dependent on what happens with power rates. As rates increase then the subsidy increases accordingly.
Thank you, Mr. Aumond. Mr. Bromley.
I guess as the amount of power is used, especially in thermal communities where the subsidies apply, that amount would go up. Is that correct?
It all depends on what the consumption is, of course, for an individual ratepayer, but as each unit of energy, each kilowatt hour, the price of that kilowatt hour goes up. Anything past 1,000 kilowatt hours, the subsidy goes up accordingly.
The $3,000 subsidy for the previous two years has been discontinued, and that was a business subsidy, I believe. That’s been discontinued. Was that a one-time thing just for those two years? Thank you.
Thank you, Mr. Bromley. I think you meant $3 million. I will go to Minister Miltenberger.
Yes, Madam Chair.
My last question is: We’re not paying anything to Northland Utilities here. Has something changed in the agreement there, dropping from $500,000 last year?
