Thank you, Mr. Speaker. A security bond is an instrument that is typically issued by an insurance company to pay one party a specified amount if another party fails to meet their obligations. So under the Waters Act, that is a sufficient instrument to use.
Robert C. McLeod on Question 530-17(5): Financial Securities Instruments
In the Legislative Assembly on November 5th, 2014. See this statement in context.
Question 530-17(5): Financial Securities Instruments
Oral Questions (Reversion)
November 4th, 2014
See context to find out what was said next.