We are moving quickly on the Aurora Fund, which is an off-shore investment fund and that is well underway and I am cautiously optimistic that we will be able to meet some of the targets of the Immigrant Investment Fund, which will bring new capital into the Northwest Territories. I am a little behind in terms of analyzing some of the other recommendations that came forward. We are trying to finalize that right now and I think that is an area that we need to pursue a little more aggressively once this budget is done. That is in relationship to the recommendations that came from my colleagues who travelled with me in the Maritimes and looked at some of the other options out there, whether it was in RRSPs, whether it was in some tax concessions. I am fairly confident that that is an area that we need to get into a little more aggressively and see what else we can do. But the only real serious initiative that has moved forward in a concrete way has been the Aurora Fund initiative. Thank you.
John Todd on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 10th, 1997. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 9th, 1997
Page 519
John Todd Keewatin Central
See context to find out what was said next.