Bob McLeod
Statements in Debates
We have a protocol that we developed amongst all of us in this Legislative Assembly and we conformed to the protocol measures. Thank you, Mr. Speaker.
Of course, it would be cheapest to barge or buy it on the offshore and bring it in by tanker and deliver it by barge to the communities. Obviously, if you truck, the more times you handle the molecules, the more expensive it is. We also, in a large part of the communities, can only bring it in once a year. Thank you.
I think it’s fortuitous that our Finance Minister is starting his round of budget consultations so he can hear directly from the people. I think going back to, I guess, the old days, if I can use that terminology, where everybody was independent. They went out and got their own country food. They cut their own wood. It was a full-time job making sure they had food on the table. They could grow their vegetables, they’d set nets to catch fish, they’d go do their fall fishery and so on. That was the only way that they could afford to live in those communities, because nobody had power and nobody...
Thank you, Mr. Speaker. We’ve been looking at finding ways to reduce the cost of living for a long time. There are no silver bullets in doing that. The biggest cost for the average homeowner or family is cost of energy, so we think an Energy Charrette will help us find a way to do exactly what the Member is suggesting. Thank you, Mr. Speaker.
We are looking at both, Mr. Speaker. Short-term, what can we do in terms of conservation and so-called low-hanging fruit and also the longer term approach to power generation. Thank you, Mr. Speaker.
Thank you, Mr. Speaker. As we’ve said several times, the Energy Charrette is to move us away from transmission to generation and dealing with the potential of having to live with low water going forward. So we expect to see the outcomes that will show us how to go forward in terms of empowering energy users, so that we can help find a way to become more independent in power generation and also to find cheaper ways of producing power. Thank you, Mr. Speaker.
The reason it costs us money is it reduces the amount of personal income tax that we collect. For example, the 2008 increase, since the claimed amount must be the lesser of the maximum allowable of $6,022.50 and 20 percent of net income, taxpayers with net income of less than $30,115 will not benefit from a northern resident deduction increase.
Thank you, Mr. Speaker. On January 1, 2008, the northern residents deduction was increased 10 percent, from $5,475 to $6,022.50, the first increase since 1991. Our government has been working with the governments of Nunavut and Yukon to look at requesting an increase in the northern resident deduction. Three territorial Finance Ministers reviewed this, and on October 31, 2012, the Finance Ministers reported to the Northern Premiers’ Forum and also outlined a possible work plan.
Their report noted that increasing the northern resident deduction would decrease personal income tax revenues for...
Thank you, Mr. Speaker. We’re well aware of it and we gave the Members notice. We told them that we would be coming forward with some initiative in this area, and I believe we told them at least a week ahead of time. Thank you.
Thank you, Mr. Speaker. When we explained the rationale behind the $20 million it was so our clients and every community in the Northwest Territories wouldn’t have to pay an extra 13.7 percent increase in power for two years.
At the same time, we announced that we are holding an Energy Charrette on November 3rd and 4th. We’re committed to investing millions of dollars so that we can look at alternative and renewable forms of energy and any ways that we can empower the clientele that use energy in the North so that they can find cheaper ways to generate power. Thank you, Mr. Speaker.