David Ramsay

Thank you, Mr. Speaker. Mr. Speaker, my memory is fairly good on this and I know that the decision two years ago to go from 12 percent I think to 14 percent was the wrong decision at the time. The mistake has come back to haunt this government now for $30 million. I'd like to ask the Finance Minister if he's got any idea or indication of what that decision two years ago is going to cost the government going forward. Is it another $60 million? Is it $70 million? Thank you, Mr. Speaker.

Thank you, Mr. Pokiak. Mr. Minister.

Thank you, Mr. Braden. Mr. Minister.

Does committee agree that Bill 13 is ready for third reading?

Thank you, Mr. Speaker. Mr. Speaker, I am going to speak today about our budget process and how I feel that Regular Members need to have more input into major decisions, especially considering the constant state of flux that our funding arrangement is in with Ottawa.

In the Northwest Territories, we are supposed to operate in a consensus, consultative way. The Finance Minister advised us two years ago that, according to the formula his department has, it was in the best interests of the Northwest Territories to raise the corporate tax rate from 12 percent to 14 percent. Logic and common sense...

Thank you, Mr. Minister. Mr. Yakeleya.

Thank you, Mr. Minister. I have Mr. Braden next. Mr. Braden.

Mahsi, Mr. Menicoche. Mr. Minister.

Clause 6.

Thank you, Mr. Minister. Mr. Yakeleya.