Floyd Roland

Thank you, Mr. Speaker. Mr. Speaker, at one point, Public Works and Services was the largest, within government, producer of tradespeople through the Apprenticeship Program. For many years, the government, past governments, have taken a different direction and the staffing levels within the trades side of our department was privatized and that initiative wasn’t used as much. What we have done within the Government of the Northwest Territories, though, recently was to look at the Apprenticeship Program, the involvement that we have. Each department already has, through a number of programs...

Thank you, Mr. Speaker. As I stated earlier, we have, jointly through a number of departments, looked at the Apprenticeship Program and the training side to try to step up to the plate in that area and we are continuing the work on that initiative to try to see if we can bring something forward. Thank you, Mr. Speaker.

Thank you, Mr. Speaker. Mr. Speaker, this reference that we highlight the estimated surplus that we were targeting in the last budget reflects the previous fiscal year operations. So it doesn't have an impact on today's fiscal environment. It shows that through our final accounting and the measures taken and adjustments with the federal government, and those adjustments are not directly related to the formula, they're related more to the CRA, or Canada Revenue Agency, and how corporations file their tax and when those final adjustments happen there. So that's the impact. But the surplus...

Thank you, Mr. Speaker. Mr. Speaker, the Apprenticeship Program still exists and is operated through the Department of Education, Culture and Employment. However, as a new initiative, we are looking back at trying to step up the Government of the Northwest Territories in the area of apprenticeships and training. We’ve looked at that through all those departments, came up with a number and put it forward to FMB. Unfortunately, it falls under new initiatives. It would be future year requirements and would require some new funding in that area. However, the existing programs are still operated...

Thank you, Mr. Speaker. Mr. Speaker, yes, I'll have to say part of it is due to the fact in management of our budget as a government, Regular Members' advice, our own work as we looked at the fiscal environment we operate under and the numbers that have come in. We also end up dealing with some of the adjustments that come after the fact from the federal government on some of our corporate tax revenues, and that also has an impact on those numbers too. Thank you.

Thank you, Mr. Speaker. Mr. Speaker, because it refers to our operating surplus of our last budget, there is some impact in the sense that we book previous year's earnings or revenue into the fiscal year. As well, throughout the year we do adjust our numbers based on revenue indications we get from the federal government. In this case, this money is again for previous year's surplus situation. Our fiscal responsibility policy, for example in this fiscal year, requires us to hold a $30 million surplus to fund our capital infrastructure program. So that's what that money would get to use...

Thank you, Mr. Speaker. I would like to take this opportunity to provide an update on the government’s fiscal position and outlook.

Later today I will be tabling the public accounts for the 2005-06 fiscal year. I am pleased to report that the government ended the previous fiscal year with an operating surplus of $36 million, $18 million higher than the amount projected in last February’s budget. This is good news as a sufficient operating surplus is critical to the funding of our infrastructure plan.

The current interim territorial formula financing arrangements with Canada are scheduled to...

Thank you, Mr. Speaker. Under the existing system that we are now under until the next agreement is signed -- and we expect we should have an agreement in place by the time the new federal budget comes around -- the interim formula financing arrangement we are operating under, we get to keep 100 percent of the revenues; or, if it slides the other way, we lose 100 percent. So in this case, there's no further adjustments to those numbers. Thank you.

Thank you, Mr. Speaker. Mr. Speaker, as I stated, I am bringing forward a discussion paper to Cabinet/FMB. Once I have given them information and had some discussion as to how we will target this and bring it forward to what level of increase in that northern residents deduction we are looking for, then I would be happy to meet with Members and go over where we have come with this and begin a plan of rolling out from there. Thank you, Mr. Speaker.

Thank you, Mr. Speaker. Mr. Speaker, it’s not too often I get to stand up and get some good news out there. I’ll take this opportunity today to mention some good news for us here in the Northwest Territories, as well as for a constituent back in Inuvik.

Yesterday in New Brunswick the BDC honoured top young businesspeople from across Canada at the 19th Young Entrepreneurs Awards Ceremony. Out of the 19, the Northwest Territories was represented by one of our own out of Inuvik, Ms. Holly Norris.

---Applause

She started, along with her partner, a business called Delta Sun Services in Inuvik. It’s a...