MLAs pass write-off bill

One of the final acts of the legislative assembly last week was to pass four money bills crucial to the end of this assembly and the start of the next.

In particular, Bill 53 allows the assembly to write off assets and debts before it is dissolved on Jan. 9.

The bill includes about $500,000 in forgone income, ranging from slow-moving inventory at Nunavut Development Corp., to money owed to Nunavut Arctic College, to the Iqaluit District Education Authority’s $36,000 deficit dating back to 1999.