Mr. Speaker, if there are loopholes, of course, we’ll look at those. When you make a loan, that doesn’t mean you start running the business. We have conditions. There was due diligence, I think, very rigorous due diligence. In fact, I did talk to the folks in Discovery Air and, yes, there were some layoffs in the spring. Just about every business in the country has been struggling with the recession and the downturn. But in spite of that, the big indicators for us are the payments are being made, the other commitments that were agreed to are being followed through on, which is the moving of the headquarters and the staff from Ontario to Yellowknife. What we have is a thriving northern business with hundreds of employees of which, I would venture to say, without the support of the Opportunities Fund it would be debatable whether they’d be there in that form today. 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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