David Ramsay

Thank you, Mr. Braden. Mr. Minister.

Thank you. Mr. Minister, if you would like to bring in witnesses, please proceed.

I would now like you to introduce your witnesses that you have with you today.

I would like to call Committee of the Whole to order. The first order of business is Bill 13, An Act to Amend the Financial Administration Act. I would like to start by asking if the Minister responsible for the Financial Administration Act, the Honourable Floyd Roland, would like to introduce the bill.

Thank you, Mr. Pokiak. Mr. Minister.

Thank you, Mr. Braden. Mr. Minister.

Thank you, Minister McLeod. I would now like to ask the chairman of the Standing Committee on Governance and Economic Development, Mrs. Groenewegen, to provide the committees comments on the bill. Mrs. Groenewegen.

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?