Thank you, Mr. Speaker. In keeping with my theme of no new territorial hospital this year, we seem to be following the legacy of a fiscally restrained Finance Minister, Minister Miltenberger, whose new health policy right now is don’t get sick, at least not this year.
We are hoping that the Minister of Finance can maybe clearly articulate, with all of these very expensive financial competing infrastructures that we will have in the near future from Inuvik-Tuk. We talked about a fibre optic line, a large scale. We have only about $180 million Visa to play with here and very limited revenue resources coming in here. How does the Minister expect to stretch this Visa, knowing full well, as he said, that this is going to be a 200 to 300 million dollar piece of infrastructure? Thank you, Mr. Speaker.
Thank you, Mr. Dolynny. The honourable Minister of Finance, Mr. Miltenberger.
Thank you, Mr. Speaker. We have laid out the fiscal framework going forward to Members. The Stanton Hospital is going to be done over time. We recognize there is planning work to be done. There’s money being budgeted, increasing amounts, over the coming years that will allow us to manage this project.
As we go forward, other projects will fall off and be completed. So we have looked at all the numbers, we looked at all these factors, and we are of the opinion – and we’ve laid it out before this House and before committee – that we can manage these projects with careful investments, some very strategic debt, and do the things we are doing to manage our expenses, and we can spend $1.6 million on programs and next year we can add another $50 million in addition to the Tuk-Inuvik Highway to our capital plan. Thank you.
Mr. Speaker, again, I know the Minister has been courteous enough to come to committee and talk about some of this fiscal strategy. We would hope that the Member or the Minister would be able to do so with the public so they can also see what the strategy is all about.
I am still very confused. We are starting with an odometer riding on our budget or Visa baseline of $621 million. We have only $800 million to spend. We talked about all of these competing priorities. How is it, again specifically, are we going to move forward these large-scale infrastructures in the very near future?
Mr. Speaker, we approved the capital plan last fall, in November I believe it was, where we laid out the fiscal arrangements, the capital plan that we can afford on a go-forward basis. That detail was laid out before Members, before this House. We are going to be involved in another capital plan going forward.
Not being able to use props and hold up charts and show them the fiscal strategy, I can tell the Member, and as the Member well knows, we have some very, very competent people in Finance who laid out the plan. We’ve had input in it. We have put in the key critical infrastructure investments we need to make. We’ve laid out a four-year plan for the budget we are on that’s going to allow us to do these things and still control our debt, keep $100 million cushion between us and the borrowing limit so that we have room to respond to emergencies.
I can tell that in this House, if the Member wants something further to provide comfort to the public, I guess we can have that discussion other than the main estimates, the capital plan and all the attached information. Thank you.
Mr. Speaker, I will take the Minister up on his offer to share this information, but I also equally ask him to share this information with the public. They have clearly indicated that they want to know, they want to see the graphs, the charts and everything else, and I think we owe it to them.
We talked about the fact that the hospital is needed. The Minister has indicated in general means that this is going to be a large retrofit, yet we did not see anything, no signs or signals in this budget for this imminent piece of infrastructure, this territorial health piece of our structure and our future. When can we start seeing these types of signals being sent to the House? Thank you, Mr. Speaker.
Mr. Speaker, let me offer this to the Member and to the public as well. When we did the budget dialogues, people asked us, when you come back next year, give us more comprehensive information. We tried to give them a summary, but they wanted to have the detail. So what I’ll commit to in this House is that when we do our budget dialogues, we will lay out the fiscal strategy in detail, plain English, but enough detail so that folks will be able to see on the capital side, on the O and M side how we budgeted ourselves for the next four years, two years, when we go out to the communities. We can do that. I will give that commitment to the Member that when we do the budget dialogues for 2013, we will do that.
In regard to the Stanton, the Stanton is going to be appearing more significantly starting in the next capital go round and all the years hence with money being added in significant quantities as the project starts to evolve and be defined. Thank you.
Thank you, Mr. Miltenberger. Final, short supplementary, Mr. Dolynny.
Again, I do appreciate the Minister for coming up with that information and continuing the dialogue that he’s promised. But a very simple question: Will we see a shovel in the dirt with a new territorial hospital within the life of the 17th Assembly? Thank you.
Yes, Mr. Speaker
Thank you, Mr. Miltenberger. Member for Yellowknife Centre, Mr. Hawkins.
