Thank you, Mr. Chairman. Certainly it's a possibility in certain circumstances that groups are able to access more than one pot of money, but the private sector partnership fund is something that is targeted at industry for on-the-job training in the oil and natural gas industry and also targeted at mining, tourism and construction, and that is different than funding to the APG and different than the $360,000 that has been earmarked for aboriginal organizations to help build capacity. I think this funding is treated the same way as other contribution funding, and other organizations have to demonstrate that they are spending the money in the manner that has been laid out in their proposal. For instance, industry, through the private sector partnership fund, will have to demonstrate the job creation or the training that they are delivering, and there is an accounting of that back to the department. Obviously it's public money and we want to ensure that it is spent on these initiatives. That's certainly very important and we recognize that. We think these are pieces of our overall strategy and this overall strategy is going to be more clearly fleshed out and is going to have more strategic direction as we sit down with Regular Members and my Cabinet colleagues to set up this new committee that will provide this strategic direction in this regard. Thank you.
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 165
See context to find out what was said next.