Thank you, Mr. Chairman. The Northwest Territories Development Corporation has their own investment guidelines and one of the criteria in these guidelines has to take into consideration market disruption. We have also not been in the business of giving out loans, except for one refinancing project that was a multi-group of financiers that considered a project. To safeguard our assets, we had to change our equity position to a loan position. There was already a business that was in existence for a considerable number of years. Mahsi.
Mr. Koe on Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 28th, 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 28th, 2002
Page 272
Koe
See context to find out what was said next.