Thank you, Mr. Speaker. I'm pleased to announce I did a press release yesterday announcing that we would help the private developers reduce their risk from 25 down to 15 percent on commercial units, and down to 10 percent on private home ownership, as well as reducing the interest from 1.5 percent down to half a percent to help new developers facilitate more rapid growth in terms of meeting those housing needs in those communities that can well afford it. So that's one of the many strategies we will be implementing over the next several months. Thank you, Mr. Speaker.
Roger Allen on Question 20-14(6): Housing Construction In NWT Communities
In the Legislative Assembly on February 14th, 2003. See this statement in context.
Further Return To Question 20-14(6): Housing Construction In Nwt Communities
Question 20-14(6): Housing Construction In NWT Communities
Item 6: Oral Questions
February 13th, 2003
Page 72
See context to find out what was said next.