Mr. Speaker, I would like to tell the hon. member that I certainly prefer it to grants. I am concerned about that size of a guarantee. I think we should see companies locating where they think is best.
Companies are coming to Nova Scotia. People like the quality of life we provide. They do not like having to sit in traffic for four hours on the 401 into Toronto, or what have you. Companies are coming for reasons other than government assistance. In fact we are seeing that governments at all levels are finding it harder to provide that kind of incentive.