Well said, Mr. Chairman. Mr. Chairman the P3 policy that we have developed will operate under the same conditions as we operate under now which are conditions like the business incentive policy, like training and employment, like incentives for acquisition of local, both employment and services. I am fairly confident, Mr. Speaker, that at the end of the day, this new initiative will actually bring about more economic benefits for the communities, based upon the fact that the current Business Incentive Program, I am told that 94 percent of the monies we spend under the BIP are northern businesses. So we are optimistic that the P3, while as I have said on a number of occasions is not a panacea for all our economic woes, will in fact merely add to the existing fine policies that this government has put in place to ensure that northerners benefit from its spending. Thank you.
John Todd on Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on January 28th, 1998. See this statement in context.
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
January 27th, 1998
Page 384
John Todd Keewatin Central
See context to find out what was said next.