Mr. Speaker, the Minister of ITI is working around that policy development. We will be bringing it forward for review as they put some parameters around it. The discussion as the Member has raised, the area of the loan that has been discussed out there in the public now, in fact, has quite a number of partners and in fact quite a number of regions, groups and development corporations in the Northwest Territories that do provide corporate taxes to the Government of the Northwest Territories that employs quite a number of people that provide payroll tax and personal income tax to the revenues of this government then that feeds other programs across the Territory. So there is an investment issue that we have looked at. The simple fact, as the Member spoke of the concerns around the economic crisis that we are in, is that at times we have to look at the companies that are existing in the Northwest Territories and do we support them in remaining in business. Thank you.
Floyd Roland on Question 54-16(3): NWT Economic Stimulus Package
In the Legislative Assembly on February 4th, 2009. See this statement in context.
Question 54-16(3): NWT Economic Stimulus Package
Oral Questions
February 3rd, 2009
Inuvik Boot Lake
See context to find out what was said next.