Just to make some very general comments. Over the past number of years, there has been a lot of work done by the Department of Justice in the whole area of corporation and business law. During the last 20 years, in many ways, our laws have really not served us very well and it has really been a disincentive to attracting business to the north. Also, I feel, in a lot of ways it has prevented us from being competitive with other jurisdictions. If we are to thrive in the 1990s, it is very important that our business laws are as good, if not better, than laws in other parts of the country to help facilitate business. So, I want to commend the Minister in making this an important priority in the department. I know there is some more legislation which will be coming in the future. With these two bills, the Partnership Act and the Personal Property Security Act, I think he has demonstrated that he intends to make the Northwest Territories very competitive from a business point of view. With that general comment, I support the direction in which the department is moving. Thank you.
Michael Ballantyne on Bill 7: Personal Property Security Act
In the Legislative Assembly on March 2nd, 1994. See this statement in context.
Bill 7: Personal Property Security Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
March 1st, 1994
Page 478
Michael Ballantyne Yellowknife North
See context to find out what was said next.