Kevin O'Reilly

Merci, Monsieur le President. In the Finance Minister's budget address on February 8th, 2023, there was mention of a review of the fiscal responsibility policy. She said, quote, last summer, we evaluated this policy and its requirement that at least half of GNWT capital investments is financed by the operating surplus to ensure that it still is effective in meeting our debt management principles. We've already started changes in the reporting on the future debt implications in this budget, and in short order, we will be revising the fiscal responsibility policy to help decision makers better...

Yeah, thanks. Because we get that kind of information in the main estimates. Well, sort of although whatever. Anyways, I just think it's a good thing in terms of greater disclosure, transparency, and so on, and I'm sure the Minister will find a way to do it.

So this, you know I think, as I understand it, I think I heard the Minister say that the supplementary reserve is going to be $35 million well, maybe $44 million in debt or whatever. How do we cover that shortfall, and do we have to go and get shortterm, you know, debt coverage somehow and pay an interest rate for that that's higher than...

Thanks, Madam Chair. So this money is going to go to NorthwesTel; is that what happens here? Thanks, Madam Chair.

Thanks, Madam Chair. So is there any kind of annual satisfaction survey ever done of ISSS and the services that they offer to the departments? Thanks, Madam Chair.

Thanks, Madam Chair. So I think I'm on the right fund now. What's the supplementary reserve, what do we start off with, and what was it before the sup and what's it going to be after the sup? Thanks, Madam Chair.

Thanks, Madam Chair. Yeah, I don't have anything further on general stuff but I have some questions on the detail. Thank you.

Thanks, Madam Chair. Can I get an explanation as to why this is being shifted from what used to be or will soon be former Department of Lands to Department of Finance. Thanks, Madam Chair.

Okay. No, I'm sorry. Okay, look, I get that 20232024 is a guesstimate. We're budgeting ahead there. But for 20222023, the one on Roman numeral 14 seems to show actuals unless I'm totally out to lunch. So I can see where the you know, for 20212022, the $5,656,000 lines up with other income for 20212022 on page 172. But why is there just like this $7.6 million then for 20222023 in the main estimates when, you know, on page 14 it shows $2.026 million there's a contribution to the heritage fund.

Okay. So I'm just trying to understand, does the housing corp just say this is our budget, or is there any review of that by FMB and/or Department of Finance? Thanks, Madam Chair.

Thanks, Madam Chair. I started to ask some questions about the heritage fund before and then it twigged me to some I think I got an explanation for this but I'm still not quite sure about this.

So there's figures shown on the heritage fund, on page 172, then in the there's a Roman numeral 14, there's a summary of resource revenue sharing, and the contributions to the heritage fund shown on that page are not the same as what I seem to see on page 172. And they're out by, you know, literally millions of dollars. So what are these two line items actually showing and why are they different...