Thank you, Mr. Speaker. Mr. Speaker, I have more questions for the Minister of Environment and Climate Change.
Can the Minister tell me when the GNWT sets securities, does that process take into account the wide spectrum of future possibilities from bankruptcy to planned closure? Thank you, Mr. Speaker.
Thank you, Member from Great Slave. Minister of ECC.
Thank you, Mr. Speaker, and thank you to the Member for the question. The answer is certainly, yes. As the regulatory process proceedings roll along, the department provides a number of estimates, you know, whether it's regarding a regular closure and what that remediation process looks like. So I'll give a couple of examples. We would offer, you know, advice on water management, fuel and equipment, mobilizing and demobilizing in the event of a regular kind of process of shutdown. We also provide estimates in the instance of the worst case scenario where a business was to go bankrupt. And, you know, those security estimates take various things into consideration. You know, it assumes that the third party contractor will have additional costs because they'll have to be brought into site. It assumes that the fuel on site would potentially not be salvageable so that cost is calculated in as an example. And it also assume that crews and equipment, in order to do that work, would need to be mobilized to site. That's an example of some of the work that we do. Thank you, Mr. Speaker.
Thank you, Mr. Speaker. Mr. Speaker, can the Minister explain what happens if and when a resource development company goes bankrupt and the GNWT is left with the bill? Thank you, Mr. Speaker.
Thank you, Mr. Speaker. Mr. Speaker, that's a question that really has a number of possible directions as to how it could be answered. Certainly, you know, at the end of the day we have securities that are set through the process which we hold as a government to ensure that we have resources to do that cleanup at the end of the day. Having said that, you know, we have processes here where we may come for supplemental appropriations if that was to exceed the budget that was available. But we would also look at other possible ways to ensure that that work is done in the most economical way to ensure that we're staying within the commitments that are made and realizing that part of that process is really ensuring we have a balance of securities held overall to ensure that we're able to do the work at the end of the day but we're also, you know, considering that there are instances where things may not go as planned. Thank you, Mr. Speaker.
Thank you, Minister of ECC. Oral questions. Member from Frame Lake.
