With regard to the doubtful accounts, the amount that is being set up is not being written off; it is being said as being doubtful. The reason for that is because we were changing the loans from the business loans fund over to the NWT Business Credit Corporation. Of some $20 million that we were turning over, it was decided that there were some doubtful accounts in the amount of $2.4 million, and the government will maintain the $2.4 million, and we will still attempt to collect on that $2.4 million. I cannot give the Member an estimate of which ones I do not think we will be able to collect. Obviously, Mr. Chairman, we would like to collect all of them. Thank you.
John Pollard on Bill 25, Supplementary Appropriation Act, No. 3, 1991-92
In the Legislative Assembly on March 30th, 1992. See this statement in context.
Bill 25, Supplementary Appropriation Act, No. 3, 1991-92
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
March 30th, 1992
Page 528
John Pollard Hay River
See context to find out what was said next.