I’m rather startled by that. Does the government get a very penalizing interest rate compared to any corporation or individual that I know of in Canada? I would say at a 6 percent interest rate we’d be looking at over $5 million per year on the principal. What could the interest rate possibly be to result in this situation, which means by 2038 we will have paid four times the value of the loan? Could I at least start with the interest rate? Thank you.
Bob Bromley on Consideration in Committee of the Whole of Bills and other Matters
In the Legislative Assembly on February 18th, 2011. See this statement in context.
Consideration in Committee of the Whole of Bills and other Matters
Consideration in Committee of the Whole of Bills and other Matters
February 17th, 2011
See context to find out what was said next.