Thank you. I just want to clarify that Arctic Trading Company Limited does not do retail sales, they're not competing against retail outlets. By retail, meaning that they sell one item at a time, like the stores do. We don't do that, the corporation doesn't do that. They are engaging in wholesale. They buy the baskets and different arts and crafts from people in the smaller communities, who do not have any other way of selling the product to market. This is the only company that goes to the communities and buys the baskets and the arts and crafts from the local producers and we have those in stock. The four retailers in Yellowknife have, in the past, bought different items from the corporation on a wholesale basis and were reselling it under retail prices in their stores. What we attempted to do here is that, because we had so many items in storage, we offered corporate sales. That is to say the different companies or even the GNWT departments or the MLAs, whoever wanted to could buy a number of different items that the Arctic Canada Trading Company has in their warehouses, on a massive sale on the lower price. That is a policy that has changed. So we are not competing with the retailers on that basis. Thank you.
Jim Antoine on Standing Committee On Governance And Economic Development Comments
In the Legislative Assembly on March 4th, 2003. See this statement in context.
Standing Committee On Governance And Economic Development Comments
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 3rd, 2003
Page 493
Jim Antoine Nahendeh
See context to find out what was said next.