Mr. Chairman, the amount I gave is the gross loss. Under the old program, we were liable for the first $1 million on each loss. But the number I am giving you is the gross loss we have seen on average.
Joe Handley on Bill 32: Supplementary Appropriation Act, No. 2, 2003-2004
In the Legislative Assembly on October 7th, 2003. See this statement in context.
Bill 32: Supplementary Appropriation Act, No. 2, 2003-2004
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
October 7th, 2003
Page 1291
See context to find out what was said next.