Thank you, Mr. Chairman. Moving on to Section 68(1), a municipal corporation may encourage economic development for a municipal purpose, including the establishment, expansion or a continuation of a business or an industry in the municipality in any manner it considers appropriate. But when we go on to section two, it says a municipal corporation shall not purchase share or provide loans or guarantees to encourage economic development. Just for clarification, could the Minister please rationalize the distinction between those two? They seem, at first glance, to contradict each other.
Jane Groenewegen on Committee Motion 136-14(6) To Consult And Bring Forward Amendments To The Settlements Act , Carried
In the Legislative Assembly on October 8th, 2003. See this statement in context.
Committee Motion 136-14(6) To Consult And Bring Forward Amendments To The Settlements Act , Carried
Revert To Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
October 8th, 2003
Page 1345
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