Debates of June 29, 2016 (day 28)
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.
Masi. Minister of Finance.
Mr. Speaker, I’m going to take that question as notice.
Masi. Oral questions. Member for Nahendeh.