Mr. Chairman, yes, there has been and is a change happening gradually. That is why our total loan guarantee is only at $8 million. Some of the more recent companies, bigger companies that are coming north either are coming with more cash of their own to put into the business or else have arrangements with diamond banks elsewhere. So we are seeing some changes. In terms of the Canadian banks being any more willing to give the loans and so on on rough diamonds, no, there has not been a noticeable change yet from Canadian chartered banks.
Joe Handley on Clear And Consistent Financial Reporting Protocols
In the Legislative Assembly on February 27th, 2003. See this statement in context.
Clear And Consistent Financial Reporting Protocols
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 27th, 2003
Page 397
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