Thank you, Mr. Chairman. Just looking at the debts written off and the total of the bill of $576,000, it's good to know that the debt will still be an outstanding amount in the government's books, but there will be no interest accumulating and the government will still look for ways to collect the money.
I just wanted to comment on the Minister's initiative at looking at providing names of directors of organizations who default on loans. I want to remind the Minister that I will support that initiative and I think it's something we should do because the organizations all want to remain confidential and not be made public with respect to any loans they have outstanding or loans they have in the works or any loans they are defaulting on.
I know with FMBS, and as far as the debts of residents of the NWT that own taxation money to the GNWT, there is no scrutiny for the government in releasing their names or the amounts owing to the government. I just wonder what the difference is when dealing with individuals who owe $3,000 to $10,000 to the GNWT, that their names are splattered all over the News/North every year and there is a full page on all people who have outstanding taxes owed to the GNWT, and why people that are having half a million dollars written off are getting more consideration and less transparency for the public to have any input on what they owe, what they borrowed, and what the government is writing off. I would like the Minister's opinion as to treating these individuals who owe just a few dollars and why they are treated differently from organizations that borrow millions of dollars from the government. Thank you.