Bill Braden

Thank you, Mr. Chairman. I’ll speak in favour. My position is in favour of this bill. I think if we can take advantage of a technical way of doing something better, minimizing our exposure to, as the Minister said, the volatility in any market, especially the fuel market, then it’s a good one and we should proceed with it. I guess what I’d like to do, though, Mr. Chairman, is just get a sense of the scale or the scope of the dollars that we’re talking about here. I don’t need a huge, detailed picture, but what are the volumes and perhaps the dollar values that PPD deals with on an annual...

Thank you, Mr. Speaker.

WHEREAS the Legislative Assembly has recently instituted a number of changes to its budget review process to improve public access, transparency and efficiency;

AND WHEREAS in recent years the sitting hours of the Legislative Assembly during the winter budget session are frequently extended;

AND WHEREAS the Legislative Assembly is committed to remaining accessible and transparent to all residents;

NOW THEREFORE I MOVE, seconded by the honourable Member for Frame Lake, that "designated budget days" be implemented on a provisional basis;

AND FURTHER that Monday, Tuesday and...

Mr. Chairman, I move that we report progress.

Thank you, Mr. Speaker. My questions are for the Minister of Finance and they relate to the introduction of the budget, the 2006-2007 budget. I’m trying to focus on one area, Mr. Speaker, and that’s the area of long-term debt. As the Minister described, one of our priority initiatives with Ottawa is to get a new fiscal financing deal, and part of that is a modernized way of handling our debt. But we need to work with what we know right now, which is that $300 million limit, Mr. Speaker. With the forecast that is provided in the budget document, we see that we are going to be pushing our debt...

Mahsi, Mr. Speaker. The budget address has given us a new platform and starting point. Just a couple of the highlights that I pick off the address that Mr. Roland has given us; we’re going to start the year with a forecast surplus of $18 million. I’m pleased to see this and that we’re going to be doing this within the terms of the fiscal responsibility framework, the fiscal responsibility policy that I’m a big supporter of, and I want the government to know that I’m happy to see that we’re staying within those terms and hope that we can continue to do so.

Mr. Speaker, we also note that we’re...

Mr. Speaker, I thank the Minister for that context, but we’re looking to a situation where we may be handing off to the 16th Assembly, after the election in the fall of 2007, a situation where there will be no credit line, a big debt or cost of servicing that debt, and in fact the fiscal situation they inherit for the coming year will be that they’re over $460 million in debt. Way over the line. So I guess let’s ask this another way. Is there a plan B? How can we avoid passing on this kind of a gloomy situation? Thank you.

Along with my other colleagues, Mr. Speaker, a welcome to the full executive of the Union of Northern Workers and to my constituent, Todd Parsons, the president of the UNW. Thank you, Mr. Speaker.

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I’ll be putting in a requisition for a pair of new running shoes to make sure that I can keep up with this government and this Premier on the breakneck speed in which they fail, Mr. Speaker, to consult with us. This is a consensus government.

Thank you, Mr. Speaker. Perhaps today is Mother’s Day here because I am so proud to recognize my mother, Esther Braden, and to tell her I love her very much. With her, Mr. Ed Jeske, a regular attendee of at least our opening days every session here in the Legislature. Thank you, Mr. Speaker.

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Mr. Speaker, one of the terms of comfort that we offered was to say that it’s the intention of the GNWT to maintain a post-devolution royalty regime for the three anchor gas fields. Now, we have always said, government has always said that First Nations' governments have got to be at the table whenever we talk devolution. Did we consult with the First Nations on this position? Did we compromise their interest by agreeing to lock in to royalty rates in a post-devolution environment?