Mr. Speaker, I think my honourable colleague is probably alluding to some of the changes that we want to make into the Financial Administration Act where government is looking to, what is the word I am looking for, is looking to increase, if you want, the exposure of loans that we guarantee occasionally. Let me assure my honourable colleague that this Aurora Fund, it is not, repeat, not a government fund. Government merely was the instrument to bring it forward. We were fortunate enough to get Cabinet approval and seek the additional dollars necessary to seed it. I will check whether in fact the fiscal commitment we made has been repaid. Mr. Speaker, if my memory serves me correctly, it is my understanding that there is no requirement for this government at this time to ensure or guarantee the fund as it is currently laid out under the agreements that we have with its board of directors and the investors through the immigration policy. Thank you.
John Todd on Question 589-13(4): Division Of Aurora Fund Loans
In the Legislative Assembly on October 3rd, 1997. See this statement in context.
Further Return To Question 589-13(4): Division Of Aurora Fund Loans
Question 589-13(4): Division Of Aurora Fund Loans
Item 6: Oral Questions
October 2nd, 1997
Page 1403
John Todd Keewatin Central
See context to find out what was said next.