There is that old saying, "You can't see the bushes for the trees." The current commitments the Development Corporation board of directors have made leaves them very little flexibility in looking at any additional new ventures that have come forward. My understanding is the Development Corporation has somewhere in the region of $18 million worth of proposals on the desk. But, at the present time, the fiscal position of the Development Corporation is minimal.
John Todd on Question 303-12(5): NWT Development Corporation Funding Available
In the Legislative Assembly on March 16th, 1994. See this statement in context.
Further Return To Question 303-12(5): Nwt Development Corporation Funding Available
Question 303-12(5): NWT Development Corporation Funding Available
Item 5: Oral Questions
March 15th, 1994
Page 630
John Todd Keewatin Central
See context to find out what was said next.