Thank you, Mr. Chairman. I have questions on the Aurora Fund also. It is more from a liability prospective. I believe, certainly the previous Minister has spoken and related to this government, that there is no further financial liability on this government in the event that the Aurora Fund at some time could sustain financial losses. My question to the Minister is, is he aware of any other Canadian jurisdictions who have initiated similar funds to the Aurora fund that have had to settle liability issues because of losses that the particular fund incurred, and there was perception that the particular governments were so close that there was a reasonable expectation on the investor that the money was secure? Could the Minister respond if he knows of any other Canadian jurisdictions that have had to incur financial liability because of similar funds that have sustained losses? Thank you, Mr. Chairman.
Seamus Henry on Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on April 20th, 1999. 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
April 19th, 1999
Page 238
Seamus Henry Yellowknife South
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