Madam Chair, what we will have is a normal screening process which will enable us to screen out as much as possible clients that may potentially have problems in paying off loans, et cetera. The loans that are guaranteed are through the banks so the banks, of course, have their fairly rigid ways of dealing with debts and forcing people to pay on time. What we also will be putting aside is a small reserve to be there as an insurance in case we do have problems.
Goo Arlooktoo on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on June 3rd, 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
June 2nd, 1997
Page 1295
Goo Arlooktoo Baffin South
See context to find out what was said next.