Mr. Speaker, we have said that the government would buy back the unit. This is how the financing has to be done. Someone has to guarantee that unit is worth something. For any lender to be assured they are going to get their money back, we had to guarantee the market. The government has said they were prepared to do that.
Stephen Kakfwi on Question 269-12(3): GNWT Long-term Staff Housing Strategy
In the Legislative Assembly on February 19th, 1993. See this statement in context.
Further Return To Question 269-12(3): GNWT Long-term Staff Housing Strategy
Question 269-12(3): GNWT Long-term Staff Housing Strategy
Item 5: Oral Questions
February 18th, 1993
Page 505
See context to find out what was said next.