Thank you, Madam Chair. In the business cases, for example the Business Credit Corporation, they would have their own discretion in setting up their arrangements operating within the budgeted amount that they have. Because this was an issue of a new industry, that there was not any real information known within Canada and banks were hesitant to become directly involved without some support through a government mechanism, it was felt that this was the best avenue to take in this situation and we continue to carry that on through the commitment of our guarantees. Thank you.
Floyd Roland 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 134
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