As I stated before, the security amount is set by the boards that review the applications. We then negotiate with the proponents as to the instrument. The Member says that it’s a lesser form. I would like to personally brief the Member on the surety bond that is covered. It’s basic insurance that’s carried by multinational insurance companies, world-renowned insurance companies, that we can call on demand. I’d be pleased to give the Member a briefing on that, and as I committed before, I would be pleased to brief committee.
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.