Thank you, Mr. Chairman. I think in the area of subsidiaries, though, we still have criteria laid out as to how much of the investment or the money we contribute is direct subsidization. For instance, we cannot be subsidizing 100 percent. There has to be some sort of money that is coming in. In 1996 when subsidiaries were looked at, an analysis indicated that on average for every dollar of payroll paid by a Development Corporation subsidiary, 91 cents was subsidized. This seems extraordinarily high to me. I am wondering if the Minister would agree that the goal of subsidiaries here is not to be entirely or almost entirely subsidized but we do expect them to be, if not marginally profitable, at least not losing boatloads of public money? Thank you.
Brendan Bell on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on November 7th, 2000. 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
November 6th, 2000
Page 775
See context to find out what was said next.