I thank the Premier for his remarks. He had stated that the project cost was $8 million and I took a little bit of exception to that. I’m pleased that he’s changed his number to $18 million, because that is much closer to the project cost. If I add up the numbers that the Premier just mentioned, I don’t get it being reduced. He said half the cost; I don’t get it being reduced to $9 million. I think there still is, even with the reduced paving, even with the loan guarantee, I think the cost of the project is out of the reach of most members that live in Northland.
I’d like to know from the Premier, I guess I need to understand whether or not we’re talking about the same proposal, because the proposal that I have seen asks for a no-interest loan. I would like to ask the Premier if this government will seriously consider not a loan guarantee but a no-interest loan to the City of Yellowknife.