Mr. Speaker, it will vary with the problem in any particular area. One of the suggestions is that we bring in someone who is very familiar with banking, loans and amortization of loans, someone who can tell people the kind of equity and the debt ratio they should have. In other areas, we are going to ask our EDOs to go back and visit with businesses that we have assisted or businesses that may be experiencing a problem. Many problems arise because the issue gets too far down the road before it is brought to our attention. We will take some of the blame for that. We expect some of the businesses to take some of the blame in not coming to us soon enough. That will be another one of the ways we will try to help people. When we have loaned them money, or when we have contributed to their venture, we will periodically call them or perhaps sit down with them and discuss how they are doing. Thank you, Mr. Speaker.
John Pollard on Question 446-12(3): Current Status Of Business Community In Fort Simpson
In the Legislative Assembly on March 9th, 1993. See this statement in context.
Return To Question 446-12(3): Current Status Of Business Community In Fort Simpson
Question 446-12(3): Current Status Of Business Community In Fort Simpson
Item 5: Oral Questions
March 8th, 1993
Page 812
John Pollard Hay River
See context to find out what was said next.