Mr. Speaker, I have a return to oral question asked by Mr. Bromley on February 21, 2013, regarding the Giant Mine Remediation Project.
There are a number of tools that will be available post transfer date related to setting securities. The Northwest Territories Waters Act has provisions for securities which are set by the boards. The boards also set securities under the Mackenzie Valley Land Use Regulations. Post devolution, in addition to the boards’ processes that were mentioned, the Government of the Northwest Territories will have the authority to set securities under the Territorial Land Use Regulations. The GNWT will also be responsible for the mirrored version of the Territorial Lands Regulations which do not specifically mention securities; however, security provisions can be included in individual leases.
As we prepare for the transfer date, the GNWT will be reviewing existing NWT legislation and transferring federal legislation, regulations and policies to identify issues to be addressed. Differences in environmental securities between existing territorial legislation and regulations and the new mirrored legislation will be assessed as part of this review process. Thank you, Mr. Speaker.
