Jackson Lafferty

Mahsi, Mr. Chair. Mr. Chair, I have Mark Aitken, director of legislation, and Gary MacDougall, director of legal registries. Mahsi, Mr. Chair.

Mahsi, Mr. Chair. I am pleased to appear before the committee today to review Bill 2, Settlement of International Investment Disputes Act. The purpose of the bill is to provide for adoption in the Northwest Territories of the Convention on the Settlement on Investment Disputes between States and National of Other States. The convention established the International Centre for Settlement of Investment Disputes, an institution of the World Bank, in the belief that the centre would promote international investment, especially in developing countries where people are fearful of investing because...

Certainly part of the long-term plans that we talked about within our department and also with the board of governors with Aurora College is strengthening our program delivery through Aurora College. The three campuses that we have here in the Northwest Territories, we need to strengthen that and make it exposed to all the students that are here in the Northwest Territories. Also, we have students from outside the Northwest Territories that attend our college as well. It has been a northern college recognition also going on to national recognition as a college. We do offer university courses...

I do believe I answered the Member’s question on the college itself, the university that he is referring to. As I stated, we are still…It’s all preliminary right now. We’re working with the facts that we have before us. As the Member alluded to, previous Ministers have been discussing this. It was a discussion item at that time. We are working on that with the communities, with the board of governors as well. Because we can, certainly on that portion on our end alone, we continue to strive to make that part of the capital plans for the next few years.

Yes, Mr. Chair.

Mahsi, Mr. Chair. Mr. Chair, I have Mark Aitken, director of legislation, and Gary MacDougall, director of legal registries. Mahsi, Mr. Chair.

Mahsi, Mr. Chair. Mr. Chair, I am pleased to be here to talk about Bill 12, Securities Transfer Act.

The purpose of this bill is to establish a set of rules for the transfer and holding of securities, in particular the transfer of securities by electronic means across provincial, territorial and international borders consistent with the rules across North America.

Several years ago, it was recognized that Canadian law relating to the transfer and creation of interest in shares and other securities had become outdated. The law did not reflect changes in securities market practices that had...

Mahsi, Mr. Speaker. Mr. Speaker, I move, seconded by the honourable Member for Thebacha, that Bill 12, Securities Transfer Act, be read for the second time.

Mr. Speaker, this bill enacts a uniform Securities Transfer Act to govern the transfer and holdings of securities and the interests in securities consistent with legislation currently enacted or being enacted in all provinces and territories. The bill provides for consequential amendments to the Business Corporation Act, Personal Property Security Act and Seizures Act. Mahsi, Mr. Speaker.

As the Minister responsible for Justice, I continue to work with the standing committee and I certainly don’t want to run with the legislation without consultation with the standing committee. As a commitment from my perspective portfolios and also this government, we need to consult with the standing committee. I will continue to do so. I’m making a commitment to work with the standing committee on a moving-forward basis.

We do have dedicated staff within the department that we have specifically for early childhood. Dealing with the daycares, whether they meet the funding criteria that’s based on, the contribution agreement, we need to relook at the whole mechanism for a number of past years and where we are today. How can we move forward on how we can improve in those areas? Certainly we don’t want to see any disruption in the operation of a daycare establishment in the Northwest Territories. We will continue to discuss the various models that we can certainly deliver. We’ll do that and provide that...