Thank you, Mr. Chair. That is exactly right. Currently the fund is sitting in investments that are earning less than 1 percent a year, and the intent was that, when the fund got to a balance where it made sense to have a third-party advisor looking after the funds, we were always intending to do that. This was raised by MLAs several times in the past. Thank you, Mr. Chair.
Mr. Kalgutkar on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 6th, 2019. 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
March 6th, 2019
Page 5225
Kalgutkar
See context to find out what was said next.