Mr. Speaker, I guess here is where the nub of the issue is. As the Minister has outlined, we've set out the expectation, or the requirement, that these are sold, but we do not have the ability to monitor or, it would seem, enforce these conditions. So, therefore, the investment that we've made, and we can attest to some fairly severe losses and some risks already, we still have a considerable exposure, Mr. Speaker, based in loan guarantees to cutting and polishing plants, based on this expectation, but we have not negotiated our ability to enforce it. How are we going to close this gap, Mr. Speaker? How are we going to protect the continuing investment of the taxpayer in this vital industry?
Bill Braden on Question 399-15(4): Support Of The Secondary Diamond Industry In The Nwt
In the Legislative Assembly on February 14th, 2006. See this statement in context.
Supplementary To Question 399-15(4): Support Of The Secondary Diamond Industry In The Nwt
Question 399-15(4): Support Of The Secondary Diamond Industry In The Nwt
Item 6: Oral Questions
February 13th, 2006
Page 1006
See context to find out what was said next.