Indigenous and Northern Affairs committee  That's true.

Indigenous and Northern Affairs committee  I think I used the term “anomaly” in my statement.

Indigenous and Northern Affairs committee  Correct.

Indigenous and Northern Affairs committee  Yes, that would be the position of our government.

Indigenous and Northern Affairs committee  As you indicate, we are in a process with Canada. It's an important process, to clarify what constitutes debt for the purpose of the limit. This has important implications for our fiscal planning and our fiscal management, so we are committed to seeing that process through. The

Indigenous and Northern Affairs committee  I'm sorry, what is the question?

Indigenous and Northern Affairs committee  On devolution, as I indicated in my statement, our governments, the Government of Canada, and several aboriginal governments signed the agreement in principle in January. It will set the stage for negotiating a final agreement on devolution. Following that, federal legislation wi

Indigenous and Northern Affairs committee  We have confidence in our ability to manage our fiscal circumstances.

Indigenous and Northern Affairs committee  I wouldn't say that. I think once we have established the definitions and are clear on what constitutes borrowing and how it would be treated for the limit, then we would proceed to manage on the basis of those definitions as we go forward, similar to how we do now under the defi

Indigenous and Northern Affairs committee  When we get into the situation of borrowing, we like to know what it is we're getting into, what the revenues are that are associated with that debt. For example, when our power corporation borrows for its capital purposes, it's projecting what revenues it's going to generate fro

Indigenous and Northern Affairs committee  The royalties generated from the Northwest Territories in the past few years are from the three diamond mines that operate in the Northwest Territories, the Norman Wells oil field, and some small production of natural gas. But with the construction of a pipeline along the Mackenz

Indigenous and Northern Affairs committee  Potential revenues from a pipeline would not be realized until probably the next decade and would depend on the forecast price of natural gas.

Indigenous and Northern Affairs committee  Just to clarify, would we be able to borrow if we had no federal funding? I do not think so, no.

Indigenous and Northern Affairs committee  As I outlined in my statement, we made an approach proposal to Canada in 2006 to change the limit to reflect our fiscal responsibility policy. The policy we adopted in early 2005, following a significant amount of work on our part to develop an approach to debt that would make se

Indigenous and Northern Affairs committee  I'm not sure what you mean by “what the provinces or federal government....” There are no limits of a similar nature on provinces or the federal government.