Glen Abernethy

Thank you, Mr. Speaker. My questions today are for the Minister of Finance. As indicated in my Member’s statement, the outlook for the North American economy is lowered due to recent economic realities, yet this government is focused almost exclusively on the Mackenzie Valley Pipeline and diamond mining as our solutions for the future. Given that those industries we have counted on to lead economic development in the North have been hit hard, what is the effect on the GNWT, and how does this slowdown in the Canadian economy affect our fiscal framework or fiscal forecast?

Thank you, Minister Miltenberger. We’re on page 4-7, Public Works and Services, Activity Summary, Technology Service Centre, Infrastructure Investment Summary, Total Infrastructure Investment. Mr. Krutko.

Thank you, Mr. Krutko. Minister Miltenberger? To the next person on the list. Mrs. Groenewegen.

Thank you, Mr. Speaker. Today I would like to quote five sentences and phrases from the North American Outlook, which is an economic activity newsletter prepared by Nesbitt Burns of the BMO. This edition of the newsletter was released last week.

Quote number 1: “The outlook for the North American economy is lowered in response to the watershed events that have reshaped Wall Street and roiled the global credit markets.” Number 2: “The near term growth outlook has worsened.” Number 3: “Minimal recovery in ’09.” Number 4: “The higher borrowing costs, tighter lending standards and equity sell-off...

Thank you, Mrs. Groenewegen. I don’t hear a question. I’ll go to the next on the list, Mr. Bromley.

Thank you, Mr. Krutko. Minister Miltenberger.

We’ll move on to the next activity on page 4-7. Public Works and Services, Activity Summary, Technology Service Centre, Infrastructure Investment Summary, Total Infrastructure Investment Summary: $7.075 million. Mrs. Groenewegen.

Thank you, Mr. Aumond. Any further questions? Mr. Krutko.

Thank you, Mrs. Groenewegen. A motion is on the floor. The motion is being circulated.

All right, the motion has been distributed. The motion is in order. To the motion, Ms. Bisaro.

Thank you, Mr. Speaker. I’d like to recognize Mark Bogan of the Great Slave riding. He’s an advocate for fathers’ rights.