Mr. Chairman, I understand now. I apologize to the Member for being so dumb. Mr. Chairman, yes, it is new in the act. It was done to be able to loan to boards of education. We had an application from a board of education. It had been done some 20 years ago, so it was included in the act to be able to make this particular loan. You see it specified in there this year at $1 million. But it does not preclude another board in Yellowknife coming to us and asking for the same kind of assistance in future years. Thank you, Mr. Chairman.
John Pollard on Bill 17: Loan Authorization Act, 1994-95
In the Legislative Assembly on March 25th, 1994. See this statement in context.
Bill 17: Loan Authorization Act, 1994-95
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
March 24th, 1994
Page 866
John Pollard Hay River
See context to find out what was said next.