Thank you, Mr. Chair. Mr. Chair, we have borrowing regulations that establish the limit that they can borrow. They can use the dollars that we provide to them to leverage -- we actually have a couple of communities that have borrowed money to help with their infrastructure. Using the money that we give them in CPI funding to pay off the loan, they were able to put a project on the ground probably a little quicker than they would have if they had to wait and save up their money to put this particular project on the ground. We have had a few communities take us up on that. MACA works with them to give them advice and help them through the process. Thank you, Mr. Chair.
Robert C. McLeod on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on June 24th, 2016. 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
June 24th, 2016
See context to find out what was said next.