Thank you, Mr. Chairman. Committee Members noted a number of situations where clients who are potentially able to repay money granted are receiving assistance in the form of non-repayable grants and contributions. They also noted that other jurisdictions in Canada are reducing economic development funding and are investigating the idea of repayable contributions.
Committee Members feel that the Government of the Northwest Territories could benefit from exploring the idea of repayable contributions. Repayment could be required in all cases where it is determined to be possible. The funding could then be recycled -- used to help others who require funding assistance. Therefore, our committee makes the following recommendation.