Mr. Speaker, under the Northwest Territories Business Credit Corporation Act, regulation 51(i), it can be done by by making interest rates to certain classes of loans or to particular loans. I would think that we may be able to look at a floating interest rate, although some clients prefer to be locked in at a particular rate so they at least know what their payments are going to be. But certainly, if the Member wants us to look at it, we will do so.
John Pollard on Question O15-12(1): Interest Rate Guidelines For Business Loans And Guarantees Fund
In the Legislative Assembly on December 10th, 1991. See this statement in context.
Further Return To Question O15-12(1): Interest Rate Guidelines For Business Loans And Guarantees Fund
Question O15-12(1): Interest Rate Guidelines For Business Loans And Guarantees Fund
Item 5: Oral Questions
December 9th, 1991
Page 27
John Pollard Hay River
See context to find out what was said next.