It is not our conditions I was referring to. I was actually referring to the conditions placed on by the commercial lenders to private contractors that need to borrow the money in order to construct privately. What we are doing with the loan guarantee is facilitating the loan, so it is making it easier for the private builder to obtain the funding from the commercial agency, since we are providing a guarantee and not a loan.
Mr. Beaulieu on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 5th, 2001. 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
March 5th, 2001
Page 1539
Beaulieu
See context to find out what was said next.