If it's kept, it reverts to the government, but its purpose was never to shore up or provide any kind of background insurance to private industry or private businesses. If an individual is dealing with someone who happens to be in this program, the good-faith deposit would not be used, as I say, to engage in whatever the private business relationships would be.
Caroline Wawzonek on Question 381-19(2): Northwest Territories Nominee Program Business Stream
In the Legislative Assembly on October 20th, 2020. See this statement in context.
Question 381-19(2): Northwest Territories Nominee Program Business Stream
Oral Questions
October 19th, 2020
Page 1331
See context to find out what was said next.