Thank you, Mr. Speaker. I'm going to direct the question at the Minister of Finance who also works as the Minister in charge of the power corp because this is an interesting needle to thread.
So with the Town of Hay River finally taking over the power in that community from Naka Power, I'm curious on is there any extended debt on the NWT Power Corp, and does it affect sort of the bottom line, and how is that paid for? I'm trying to get that sense of what did the GNWT buy if we ended up stepping up. Thank you.
Thank you, Member from Yellowknife Centre. Minister of Infrastructure -- power corp, responsible for Power Corp.
Thank you, Mr. Speaker. Mr. Speaker, I don't -- the question changed a little as we went. There's not extended debt. The power corporation's purchase of the Hay River franchise, of course began back in 2014, was -- and was only just recently completed in terms of determining the value of the assets and the amount that might have to be paid under it. That process is also now a part of the GRA that is underway, and the costs of the assets and the amounts paid and what that may or may not do to any rates will be part of that process and will be reviewed by the public utilities board. Thank you, Mr. Speaker.
Thank you, Mr. Speaker. This is a problem when you have a Minister who straddles many files on a big file in this particular one. I appreciate the answer, though. Mr. Speaker, does the government have the money in cash to pay out Naka Power for whatever this transaction is, or what's the solution for that problem? Thank you.
Thank you, Mr. Speaker. Mr. Speaker, the Northwest Territories Power Corporation will be able to complete the sale and purchase of the assets and are not looking for any handout from the GNWT to complete that sale. Thank you.
Thank you, Minister responsible for NWT Power Corp. Final supplementary. Member from Yellowknife Centre.
Thank you, Mr. Speaker. Just to be clear, my last question which may be similar to the last one is, is it being paid out in cash in the context of debt, or is it being paid out in cash in context of cash reserves? Thank you.
Thank you, Mr. Speaker. No, Mr. Speaker, it's -- I'd have to go back and double check just to ensure that I'm, firstly, understanding the nature of the financial question that the Member's asking, but I'd certainly be happy to go back and take a look at the arrangements that were being made. Again, this does date back to an agreement and an offer that was from 2014 and certainly happy to provide the Member with some further detail. Thank you.
Thank you, Minister responsible for NTPC. Oral questions. Mr. Clerk.
Thank you, Mr. Speaker. Pursuant to Rule 7.26 and 7 where a Minister has made a commitment to provide additional information in response to oral questions, they must file it with the clerk.
I have received follow-up information for Oral Question 427-20(1), Supportive Living and Respite Care, asked on February 6th, 2025 by the Member for Frame Lake to the Minister of Health and Social Services. Thank you, Mr. Speaker.
