Mr. Speaker, as I indicated to Members at the briefing yesterday evening, the responsibility for the policy will be transferred to the Department of Economic Development and Tourism in the coming weeks. However, with this particular question, it is true that the department has estimated that the cost of the policy is between $20 million and $30 million. What the government is doing right now is analysing what benefits we get for that amount of money. Each year, there are contracts valued in the order of $400 million, in total; I believe it's even a bit more than that. But the business incentive policy is a policy of the Cabinet. The comments made by the Member are noted and I will pass them on to Cabinet for information, but at this time there are no plans to put in a one-year delay or suspension of the policy.
Goo Arlooktoo on Question 25-13(3): One Year Suspension Of Bip
In the Legislative Assembly on March 21st, 1996. See this statement in context.
Return To Question 25-13(3): One Year Suspension Of Bip
Question 25-13(3): One Year Suspension Of Bip
Item 6: Oral Questions
March 20th, 1996
Page 27
Goo Arlooktoo Baffin South
See context to find out what was said next.