Mr. Speaker, when the board appointments ran out, there were no applications before the board that would have required the board to meet. They could be dispensed by the chairman of the board. Since that time, we have had five applications. The first one was on October 6. The others were on October 21, October 23, November 9, and November 16. I was not concerned about the board having to deal with them. When applications are received, they have to be analyzed and the information must be put together. Yes, while I admit that the board has not been able to meet up until now because of lack of board appointments, there were no loans that it would have had to deal with anyway. It does take some time to process those applications, Mr. Speaker. Thank you.
John Pollard on Question 235-12(3): Application Backlog Of N.W.T. Business Credit Corporation
In the Legislative Assembly on December 10th, 1992. See this statement in context.
Return To Question 235-12(3): Application Backlog Of N.w.t. Business Credit Corporation
Question 235-12(3): Application Backlog Of N.W.T. Business Credit Corporation
Item 5: Oral Questions
December 9th, 1992
Page 416
John Pollard Hay River
See context to find out what was said next.