I did have the opportunity to read the latest in the Globe and Mail, Mr. Speaker. It indicates here from a renowned capital investment firm called Deans Knight Capital Management. They have shares in the Aber Company and they also manage about 2.3 to 2.4 billion, so that gives them some credibility. They figure that the two Canadian diamond mines, once they are in production, would be one of the top world's diamond producing nations. They also indicate the rewards for diamond miners can be enormous. A top notch diamond mine can be worth ten times as much as a comparative sized gold mine. I think that kind of illustrates that it is not only us that is saying it, it is national finance and investment firms that are saying the same thing that we are. The rules and engagement as it relates to diamond mines should be different than other industry or nonrenewable resources industries out there. We hope at the end of day that the federal government will see the need to protect Canadian interests, as well as the other ones at the same time. Thank you.
John Todd on Question 667-13(4): Diamond Development Revenues
In the Legislative Assembly on October 14th, 1997. See this statement in context.
Further Return To Question 667-13(4): Diamond Development Revenues
Question 667-13(4): Diamond Development Revenues
Item 6: Oral Questions
October 13th, 1997
Page 1563
John Todd Keewatin Central
See context to find out what was said next.