Thank you. I should clarify, I said that this was new program money and I meant it's new in this current year, 2003-04, and it is ongoing, 2004-05. Really the product development; as I've said, this is $375,000 that will be divvied up among regions and there are criteria that we've laid out. So in order to determine what proposals would be eligible to receive product development funds, the criteria and guidelines were established. We know that the funds would be aimed at existing licence tourism operators in the NWT to make the best use of this money. I think that's important. But also, we're allowing for new or emerging tourism operators or secondary tourism businesses to also access this funding. So it really is up to the creativity of the entrepreneur to put forward proposals for product development and we would fund them in that regard.
Brendan Bell on Committee Motion 3-15(3): To Delete $120,000 From The Financial Management Board Secretariat Budgeting And Evaluation Re Foregone Interest, Defeated
In the Legislative Assembly on March 22nd, 2004. See this statement in context.
Committee Motion 3-15(3): To Delete $120,000 From The Financial Management Board Secretariat Budgeting And Evaluation Re Foregone Interest, Defeated
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
March 22nd, 2004
Page 160
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