Thank you, Mr. Chairman. No, because there is really no benefit from getting a loan through our corporations because we charge a higher rate than the banks, and we are a lender of last resort, so generally, we do not lend to -- first of all, they have to have a viable project. Secondly, they have to have a rejection from the bank in order to get a loan from us, so I do not think there is a significant benefit. Although, as I say, it is more risk venture areas that we are into. Thank you.
Mr. Bob McLeod on Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 27th, 2002. 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
February 26th, 2002
Page 235
Bob McLeod
See context to find out what was said next.