Mr. Chairman, we recognize the importance of this bill in establishing financing for the Dogrib Power Corporation, the hydro electric project that is going to be developed on the Snare Cascade. This is an important mechanism that has been activated in Bill 18. The maximum for the loan is $25 million. We have covered some of this area already in the committee but, for the record, I would like to ask the Minister if he could describe for us the process for which the NWT Energy Corporation will provide the loan guarantee to the Dogrib Corporation. Thank you.
Jim Antoine on Bill 18: Northwest Territories Energy Corporation Limited Loan Guarantee Act
In the Legislative Assembly on April 6th, 1995. See this statement in context.
Bill 18: Northwest Territories Energy Corporation Limited Loan Guarantee Act
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
April 5th, 1995
Page 880
Jim Antoine Nahendeh
See context to find out what was said next.