Caroline Wawzonek
Deputy Premier
Statements in Debates
Thank you, Madam Chair. The Yellowknife Airport revenues are expected to be down $12 million as a result of almost nine months of having fees waived over 2020-2021, a significant decrease. Thank you, Madam Chair.
Thank you, Madam Chair. Yes, the funding was already advanced through the department for this purpose, and my understanding is that this has helped support repairs to 108 previously vacant units in 24 different communities.
Yes, Madam Chair. That is correct. This was a partnership with Enbridge to accelerate the construction here: a good opportunity and a good example of where government efforts were able to support a private sector project. As far as the specifics of where the actuals landed, Madam Chair, I don't have those actuals in front of me, but I do know that, as I said, the work has been done. I will simply confirm where the actuals came in. Thank you, Madam Chair.
Thank you, Madam Chair. On the right, Sandy Kalgutkar, secretary to the Financial Management Board, and on the left, Jamie Koe, deputy secretary to the Financial Management Board.
Thank you, Madam Chair.
Thank you, Madam Chair. I agree, that is the kind of debate that should be happening in the House. Again, I will certainly commit to getting some of the details and financial numbers to the House so that that discussion can be brought to the floor.
Thank you, Madam Chair. I was pleased to get that suggestion last year, probably around this time, and I am happy to receive it and be reminded again. The process of going through budget dialogues and putting some of the information out was very helpful to me in this role but, I think, also to the department. We will certainly make sure that we engage in this process. I think, having adapted to COVID-19, it will be earlier this year than last year. Thank you.
Thank you, Madam Chair. This is not an occasion where there will be a commensurate raising of taxes or introduction of a new tax to directly offset the $1.4 million revenue loss. What is hoped, however, is that, by helping the sector become more competitive and helping small businesses be more competitive, we will see economic growth, which then can ultimately help create more taxpayers in the form of more small businesses, which can hopefully offset the revenue lost from the tax rate change. Thank you, Madam Chair.
Thank you, Madam Chair. We are a little bit behind some of the other jurisdictions in terms of our business tax rate for small businesses. This finally is an opportunity to bring us a little bit more in line and make us more competitive with some of our colleagues across the rest of Canada. Up to this point, we were at or near, in fact, the very top of the pile. This is an opportunity to, again, make us more competitive, and it's a good time. I think one of the MLAs has already mentioned that it's an opportunity to give a bit of release at an occasion and during a context where there has been...
Yes, Madam Chair.