Debates of June 29, 2016 (day 28)

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Question 300-18(2): Reporting on the Government Fiscal Responsibility Policy

Thank you, Mr. Speaker. I’m just going to carry on with the points that I was making earlier. The Fiscal Responsibility Policy says that there was a requirement for financing infrastructure with 50 per cent of the operating surplus. In the public accounts which we examined for the fiscal year 2014-2015, their operating surplus was in round numbers, $95 million, and the infrastructure expense was in round numbers, $236 million. Using those numbers, it’s clear in fact that the infrastructure was not funded 50 per cent from operating surpluses, but many millions less. The point of this is: what are the consequences if the Fiscal Responsibility Policy is not followed? Thank you.

Speaker: MR. SPEAKER

Masi. Minister of Finance.

Mr. Speaker, I’m going to take that question as notice.

Speaker: MR. SPEAKER

Masi. Oral questions. Member for Nahendeh.