The problem I see with that is, let us say we use a bank. The bank hires its staff from the local community. The local staff live in the local community, they buy in the local community. So looking at those kind of broad strokes, strokes the Minister is talking about, a bank, for example that is now grandfathered, could still be considered in place under the grandfather clause. So I am saying, we need some stronger, tighter parameters to look at. So, for example, could we look at that if it is an extra-territorial, (we learned something new, Madam Chair), so an extra-territorial company or multinational, you could look at, for example, if the head office is located in a certain location and the majority of the shareholders are in the south, for example. Maybe any company that is working in the north that is based south of 60 should be outside, or whatever, that there should be something included in it. I noticed by the clock Madam Chair that we are running out of time. I think I will move at this time a motion that we extend sitting until we conclude this matter and I would also ask, and bear with me, Madam Chair, that Mr. Kakfwi will come back with my answer to my earlier question on what type of strict parameters we can put in there to take care of the multinationals and the extra-territorial companies. Thank you, Madam Chair.
Edward Picco on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 11th, 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 10th, 1997
Page 553
Edward Picco Iqaluit
See context to find out what was said next.