Debates of February 11, 2014 (day 9)
QUESTION 87-17(5): HERITAGE FUND ALLOCATION
Thank you, Mr. Speaker. I’m going to follow up with some questions on the Heritage Fund that I had earlier. We discussed the issue of the 25 percent to Aboriginal groups, we discussed 25 percent to the Heritage Fund. I’m just wondering if the Minister can give me the information on the other 50 percent that we are not allocating those funds in the 2014-15 budget because the money does not flow until ‘15-16.
Thank you, Mr. Bouchard. The Minister of Finance, Mr. Miltenberger.
Thank you, Mr. Speaker. The 50 percent has not been allocated and we’re still having the discussion about how much goes into infrastructure and how much goes for debt servicing costs. Thank you.
I guess we are trying to figure out the math over here and when things get booked as opposed to when things get spent. I just want to reassure the public. I have a question to the Minister on the fact that the Heritage money will flow the first year that we get the first amount of money from resource revenue sharing.
Yes, Mr. Speaker.
The time for oral question period has expired. Mr. Blake.
Thank you, Mr. Speaker. I seek unanimous consent to return to item 5, recognition of visitors in the gallery.
---Unanimous consent granted