Volume 24-25, 1976-7 - The Arctic Circle - Home

VOL. >Oil/ I{o. 3 TITE ARCTIC CIRCTIIAR 64Ccrnnissioner Pearson told the inquiq/ board tlrat arry direct equity byttre governnent in thre Alaska highway pipeline must al-so be protectedfor the benefit of individual Yukoners, "Tbo often increased directrevenues to governnent result onfy in increased size and influence ofgoverrtrnent, " he said. Thr-is problem leads to one logical solution and ttratsolutj-on is a system of strong crcntrols thrat govern the spending of suchdirect windfall inqre, he said. Ccnndssioner Pearson suggested a specialfi:nd be set up, such as the Alberta Heritage Furrd or the Canada DeveloprentCortrrcration, vfttich tvou.l.d route tlre additional nurney into projects thratr^aculd be of a direct and lasting benefit to Yukoners generally. "Thrisinquiqf is our neans of ccnnn:nicating thre vital ingnrtance of ensgringsuclr an eguity for ttre people of the territorry, " he said. "We urge you torecsnnerrd to tLre governnent of Canada that a requirsnent of arry certificateof const:rucLion of a nortlrern pipeline be tlrat this egurity be guaranteed. "As for ottrer jnccme that would ccme to tJ:e tenitory thrrough taxes of apipeline, @nnissioner Pearson said thre net financial advantage is notadvantageous as it might seem" He o