Thank you, Mr. Speaker. When we work to support business, we look at revenues, we look at the security for the money that we’re going to lend. We recognize that the business sector is in trouble in the Northwest Territories. I indicated in my statement there is a 7 percent unemployment drop from one year to the next. So when it comes to the business that the Member referred to, I mean, there was a good decision made, money was lent, money that’s being repaid, the headquarters are being transferred, they’ve continued to thrive in spite of the economic recession that we’re under and, in fact, if that loan hadn’t been made, the Opportunities Fund would be losing money. Thank you.
Michael Miltenberger on Question 26-16(4): Protection Of Northern Jobs Under Opportunities Fund Investments
In the Legislative Assembly on October 19th, 2009. See this statement in context.
Question 26-16(4): Protection Of Northern Jobs Under Opportunities Fund Investments
Oral Questions
October 18th, 2009
Thebacha
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