Thank you, Mr. Speaker. Mr. Speaker, this may not seem remarkable, but for the fact that on paper this business just has one employee based in a small office here in Yellowknife. It's beginning to affect the industry by having an individual to carry out an operation out of a storefront. That's truly remarkable, Mr. Speaker.
Mr. Speaker, digging a little deeper, one learns that this one-employee company that so generously accepts the incentives from the Government of the Northwest Territories through the BIP, is itself a subsidiary of a larger company based in southern Canada. But the tale doesn't end there, Mr. Speaker. This larger partner company turns out to be part of an even larger company which has interests in California, New Jersey and the Grand Camen Islands. Indeed, a northern company, Mr. Speaker.
Mr. Speaker, sometimes we must look deeply to see what it is the business incentive policy's intentions were, and how to fill the loopholes. In order to protect the original intent of the business incentive policy, government must come up with a more appropriate set of criteria that truly are there to benefit northern businesses which are built in the North, generate jobs in the North and keep their profits in the North.
Mr. Speaker, southern corporations, such as the one I mentioned, should not be receiving BIP under the existing policy. So with that, Mr. Speaker, I will be asking the Minister responsible for this program questions later. Thank you.
---Applause