Debates of August 15, 2019 (day 84)
Question 814-18(3): Business Incentive Policy
Thank you, Mr. Speaker. On Tuesday I asked questions of the Minister of Infrastructure and asked him to explain how the Business Incentive Policy worked and how certain levels have increased percentage points. The Minister gave me a whole bunch of information. I would like to follow up to the questions with the Minister here today. Can the Minister please clarify what amount the contract needs to be in order to maximize the incentive of $500,000? Thank you, Mr. Speaker.
Masi. Minister of Infrastructure.
Thank you, Mr. Speaker. In follow-up to the Member's question the other day, he did ask me, and this will clarify it a little bit more. Assuming that the full bid is 100 percent Northwest Territories and local content, the contractor would need approximately $16 million to max out the $500,000 bid adjustment. On the majority of contracts, there are a number that are under $1 million. Those contractors can receive a bid adjustment up to $200,000, which represents about 20 percent of the bid adjustment. Thank you, Mr. Speaker.
When the Minister talked on Tuesday, as well, he talked about there being 46 big projects and 1,501 projects. Can the Minister tell us what the total value of the 46 projects were together and what the total was for the 1,501 projects?
This information is all publicly available on the Department of Finance's website, but if the Member will give me the questions, if he sends me an email with the questions, I will commit to getting him all of that information back by the end of the session.
I will follow up with the Minister on that question so that I can get that information. My next question is: can the Minister advise this House how many of these big projects ended up being awarded to southern contractors?
As to my previous answer, same thing. If the Member wants me to get him that information, we can compile that information for him before the end of session.
Masi. Oral questions. Member for Nahendeh.
Thank you, and I look forward to providing those questions to the Minister. I will put them in writing and look forward to the answers. I am probably going to get the same answer for the last question I am going to ask, but I am going to ask it anyway. With all these big contracts happening, he talked about the 46, can the Minister advise this House if there were any of the big contracts that were negotiated contracts? Thank you, Mr. Speaker.
The Member is absolutely right. I don't have that level of detail here, but we can gather that once he sends me an email and get back to him by the end of session. Thank you, Mr. Speaker.
Masi. Oral questions. Member for Deh Cho.