Thank you, Mr. Speaker. Mr. Speaker, I would like to ask some follow-up questions not to the Minister of Municipal and Community Affairs, but the Minister of Lands in regards to assessment. In this House, the Minister said that they do their least payments based on the assessments done by the Department of Municipal and Community Affairs. Can the Minister advise this House if this is the actual process that is being done? Thank you, Mr. Speaker.
Masi. Minister of Lands.
Thank you, Mr. Speaker. As I have mentioned previously, lessees are charged assessed value of land, and on the territorial lands it's 10 per cent of appraised value. Now, I don't know the method which MACA uses to arrive at these assessments, but I think there's a scientific way in which they do arrive at the assessments of the property. Of course, on that assessment is based the lease fees. Thank you.
I thank the Minister for that answer. Can the Minister clarify: does the Department of Lands get two separate assessments, one for lands itself or one with lands and improvements on it?
Of course, our fees are based on the value of the lands, so the assessed or appraised value of the lands is the number we're interested in, and on that number, we base the lease fees.
I thank the Minister for that clarification. There seems to be a disconnect here, because my understanding from the Department of Municipal and Community Affairs that they assess the land based on the land and the improvements on it. Now I'm hearing from the Department of Lands here, it's just on the land itself. Can the Minister please clarify: is this the correct process? Is this what they do? Is it based on the lands, and if it is on land, do they have a separate assessment done?
I can't speak for MACA, but I believe the way that assessments are usually done is that there's a division between land and buildings. For example, if you receive an assessment for taxation purposes from your municipality, there's a breakdown showing how much is assessed for the land and how much is for the building. I believe that's the way that MACA does it, but the Minister may know more about that than I do.
Masi. Oral questions. Member for Nahendeh.
Thank you, Mr. Speaker. I appreciate that answer from the Minister. Is the Minister willing to share with me the land assessments of lots in my riding, so that I can share this information with the residents? Thank you. Mr. Speaker.
Normally, Mr. Speaker, we wouldn't do that, but generally in each community, you can go to the tax rules and find out what the assessments are. In that way, you could determine what the values placed on land and buildings are. I believe every municipality has that information available. Thank you, Mr. Speaker. At least the tax-based municipalities. Thank you.
Masi. Oral questions. Member for Yellowknife Centre.
