Post by fastwalker on Sept 8, 2004 21:22:49 GMT -5
FYI ..INFORMATIONAL ONLY...THIS IS DATA ON THE AREA (NWT) WHERE THE EKATI MINES...DIAMONDS IS LOCATED...AS IN MR.CHUCK FRIPKE..UC'S FRIEND....
........................................leaves devolution talks hung
WebPosted Sep 2 2004 07:52 AM MDT
YELLOWKNIFE - The N.W.T. government wants Ottawa to start taking resource revenue negotiations more seriously.
'At the end of the day we're going to have to bring all of these money issues together' – David Peterson
As diamond mines are built and oil and gas development occurs, more money is flowing from the N.W.T. to Ottawa. The federal government has said the territory should get a share of resource revenues, but the two sides are still far apart.
The territorial government predicts Ottawa will collect about $40 billion over the next 20 years.
Premier Joe Handley says Finance Canada wants the territory to accept a deal similar to the one struck in the Yukon.
That would give the territory about $3 million a year.
"The other problem that we have is that DIAND is responsible for devolution and Finance Canada is responsible for the money side, and the two don't seem to be relating to each other," he says. "So it's almost like dealing with two different governments."
Handley says the territorial government wants to keep about 30 per cent of resource revenue.
At one time the sharing of resource revenue and the transfer of control over the development of resources were part of the same negotiation.
Even the chief federal negotiator says they will have to be combined again to complete a devolution deal.
David Peterson represents Indian Affairs in the negotiation of the transfer of authority over resource development.
"At the end of the day we're going to have to bring all of these money issues together," he says. "And even though we're only trying to negotiate some of them, we'll try to work with Finance Canada to put the whole package together."
Earlier this year, talks stalled as aboriginal leaders tried to find a new negotiator.
They've now hired Jean Yves Assiniwi, who represented the federal government in the negotiation of the Tli Cho land claim and self-government agreement.
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Iqaluit
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........................................leaves devolution talks hung
WebPosted Sep 2 2004 07:52 AM MDT
YELLOWKNIFE - The N.W.T. government wants Ottawa to start taking resource revenue negotiations more seriously.
'At the end of the day we're going to have to bring all of these money issues together' – David Peterson
As diamond mines are built and oil and gas development occurs, more money is flowing from the N.W.T. to Ottawa. The federal government has said the territory should get a share of resource revenues, but the two sides are still far apart.
The territorial government predicts Ottawa will collect about $40 billion over the next 20 years.
Premier Joe Handley says Finance Canada wants the territory to accept a deal similar to the one struck in the Yukon.
That would give the territory about $3 million a year.
"The other problem that we have is that DIAND is responsible for devolution and Finance Canada is responsible for the money side, and the two don't seem to be relating to each other," he says. "So it's almost like dealing with two different governments."
Handley says the territorial government wants to keep about 30 per cent of resource revenue.
At one time the sharing of resource revenue and the transfer of control over the development of resources were part of the same negotiation.
Even the chief federal negotiator says they will have to be combined again to complete a devolution deal.
David Peterson represents Indian Affairs in the negotiation of the transfer of authority over resource development.
"At the end of the day we're going to have to bring all of these money issues together," he says. "And even though we're only trying to negotiate some of them, we'll try to work with Finance Canada to put the whole package together."
Earlier this year, talks stalled as aboriginal leaders tried to find a new negotiator.
They've now hired Jean Yves Assiniwi, who represented the federal government in the negotiation of the Tli Cho land claim and self-government agreement.
Back to Top Stories
E-mail this storyPrint this story
FWIqaluit
Yellowknife
Whitehorse
Igalaaq
Northbeat