Thank you, Mr. Chairman. Yes, we will work to clarify that. We recently had a meeting and a workshop set up for the board of directors of the Development Corporation. The questions we asked them were to clarify what they thought their mandate was, their roles, responsibilities and specifically, to advise when we start up business subsidiaries in the communities, what is an acceptable level of a subsidy and what are the criterion that should be used when we set up these businesses. For instance, should we start a business that will surely result in the development of products. Is there some requirement to say, look, they should be saleable before we start producing them? At what point do we divest ourselves of some of these subsidiaries, for instance, if they become very viable and profitable. At what point, if the subsidy is 99 percent of the cost of the operation, should we stay in that business? At what point do we critically look at shutting down or divesting ourselves of it. We are working on it. Thank you.
Stephen Kakfwi on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 27th, 1998. 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 26th, 1998
Page 1194
See context to find out what was said next.