Thank you, Mr. Speaker. In my Member's statement, which feels so long ago, I was talking about no fault insurance and, of course, the impacts and opportunities we have here. So I am going to ask the Minister to confirm whether or not her department has any formal analysis on this potential policy review and benefits or even drawbacks of implementing auto insurance in the Northwest Territories, like many other jurisdictions, in a no fault sense. And in case you're curious, that goes to the Minister of Finance.
Thank you, Member from Yellowknife Centre. Minister of Finance.
Thank you, Mr. Speaker. The Insurance Act does live in the Department of Finance. Mr. Speaker, I'd have to look back and see if -- in the course of time prior to my being here, if there had been some analysis done on this. I can say that at the present time this is not under consideration. Thank you.
Thank you. At the present time, not. But the question is, can the department go back and look at what's been done in the past. Have they done any analysis whatsoever? And if so, can the Minister provide this House that information. Thank you.
Thank you, Mr. Speaker. As I say, I will certainly see what's been done. And let's start with that question first. Obviously, at some point, things become stale and out of date so if something was done 20 years ago, I am not sure how useful that would be but we'll see what there is. And in general, providing documents to colleagues on AOC is done under confidentiality and not a matter of concern. Thank you.
Thank you, Minister of Finance. Final supplementary. Member from Yellowknife Centre.
Thank you, Mr. Speaker. Is the Minister herself, as Minister, familiar with no fault insurance and the benefits it avails Northerners, including the difficult challenges in a system that doesn't have it? Thank you.
Thank you, Mr. Speaker. I am familiar with the concept of no fault insurance and with the time afforded me by some motions here, I was able to Google this and get a bit more information. It does seem that, in fact, there's been some studies done of British Columbia and New Jersey and other states and provinces that have no fault insurance regimes. It is not uniformly considered to necessarily be particularly positive. There are some situations where it actually winds up resulting in higher premiums, as so the studies would say. And where there are concerns that it doesn't actually provide the kind of payouts people want, it places a ceiling on the amount of money that you're able to receive in the event of a serious injury. So it certainly is an option that's out there, but it is certainly not without its own controversy. Thank you, Mr. Speaker.
Thank you, Minister of Finance. Oral questions. Member from Range Lake.
