Michael Miltenberger

Thank you, Mr. Chairman. We’ll just restate the commitment that by tomorrow we’ll pull together a package of information for committee that will hopefully capture and be able to address the questions that have been raised.

Initially we’re looking at the kind of arrangement that could be made on resource royalty sharing. There’s the infrastructure option that was put forward by the Premier on behalf of the Premier and Cabinet. The issue of an equity position was not really strongly considered, mainly because there were other things at play, and our own fiscal situation doesn’t give us a lot of free capital to get things done.

Mr. Speaker, the simple answer that I know of is that we just don’t have that kind of money, nor are we in a position to borrow that kind of money when you look at all the other competing interests we have, the reduction exercises we’re going through, the revenue option exercises we’re going through. That would be the main issue.

I do want to say that I’ve heard the Member’s concerns. Clearly, we’re committed to moving on the idea and concept of a heritage fund. We intend to come forward with information that would allow us to have that debate and discussion and hopefully get that structured...

The issues are to do more with issues tied to bonding issues and such.

Thank you, Mr. Chairman. The work of the infrastructure subcommittee that is looking at the whole capital planning process is, in fact, trying to identify and come to grips with recommendations to deal with issues that the Member has raised: the concern about overdesign, the cost factors, the issue of standardized designs, the moving towards bundling of projects so that we can in fact be more efficient.

For us the evidence over the years has been clear in terms of the cost, the number of carry-overs, the number of tenders where there was one bid or no bids or bids that are not even close in...

It’s subject to approval by the House.

Thank you, Mr. Chairman. There’s the broader work on the capital planning process. The first significant step is being carried out through the Cabinet Subcommittee for Infrastructure, working through and with the Refocusing Government Strategic Initiative Committee. Through that process we’ll commit, as we bring forward the whole package, that we have the appropriate checks and balances and that accountability is built in so that whatever we do, in the final analysis, is set up to have the proper support and set-up to succeed.

The number that’s in the capital plan of $115.365 million, the number that’s been agreed to, though not finally signed off by the Government of the Northwest Territories, is within that appropriation.

Yes, I do, Mr. Chair.

Mr. Chairman, we have a very clear, specific figure that’s been agreed to, but the contracting process has not been concluded. Therefore, we have to respect the confidentiality of that process until the final documents have been signed. Once those documents have finally been signed, we would be very willing to share that number with the committee. Thank you.