Thank you, Madam Chair. It just doesn't really leave a good taste in my mouth, you know, how this transpired, but if we are going to reassess it we are going to reassess it at the end of five years. The other difficult scenario that I have with this is I don't believe the Minister believes that this is going to set a precedent for other guarantees that are out there, and I really do believe that it will and I know he has said that each debt is going to be treated differently. If we are treating this one as nice as we are, I can guarantee you that some of the other guarantees out there, if they go sour, we will be in the same situation based on the decision that was made by Cabinet on this. I would like to hear from the Minister on how he believes that no precedent is being set in this one.
David Ramsay on Committee Motion 2-14(5): Options For Measures To Stabilize Power Subsidy Costs, Carried
In the Legislative Assembly on March 22nd, 2004. See this statement in context.
Committee Motion 2-14(5): Options For Measures To Stabilize Power Subsidy Costs, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
March 21st, 2004
Page 135
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