Thank you, Mr. Speaker. With regard to the loans process, my understanding is the board of directors, which is directly involved in loan approvals, is a board of political appointees who are involved in direct loan approval. I have a real concern with that current set up. It is very prone to political interference and tampering, of which there could be abuses. I am speaking of my own knowledge of the business community in my neck of the woods, where there is possible movement of information that there shouldn't be. I even heard of an MLA requesting final approval of all loans in their community because they wanted to have that kind of influence. Would the Minister consider making the approval process more objective by removing the board from direct approval of loans?
Michael Miltenberger on Question 216-13(3): Utilization Of Collection Agencies By GNWT
In the Legislative Assembly on May 14th, 1996. See this statement in context.
Supplementary To Question 216-13(3): Utilization Of Collection Agencies By GNWT
Question 216-13(3): Utilization Of Collection Agencies By GNWT
Item 6: Oral Questions
May 13th, 1996
Page 340
See context to find out what was said next.