The only other comment I could add is that the community initiatives program is being piloted within the business development fund to use the existing policy. Unlike the business development fund, the contributions under the incremental community initiatives program are not towards businesses, they are towards groups of businesses trying to build foundations, provide training and undertake the kinds of projects that were undertaken by the economic development agreement. This doesn't explain the point that you are raising, but simply clarifies that the budget for actual business development next year will remain under $3 million and that incremental funds are directed to foundation-type development at the community level.
Mr. Doan on Bill 11: Appropriation Act, 1996-97
In the Legislative Assembly on May 13th, 1996. See this statement in context.
Bill 11: Appropriation Act, 1996-97
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
May 13th, 1996
Page 328
Doan
See context to find out what was said next.