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Indigenous and Northern Affairs committee Mr. Chair, we're one of the fortunate ones. I say that, in all honesty, partially because of our geographic location and the unique economic opportunities in the region. So we have the ability too...and we've been fortunate that many of the projects that we've lent to are success
May 7th, 2015Committee meeting
Tim Johnston
Indigenous and Northern Affairs committee Mr. Chair, I appreciate the question. The Mystery Lake property is an example of aboriginal business development programming working, in that the acquisition of the property by NCN was done with the assistance of Aboriginal Business Canada financing, in addition to the expansion
May 7th, 2015Committee meeting
Tim Johnston
Indigenous and Northern Affairs committee In response to the question, there are two points. When we look at our own loan fund, which was capitalized at a million dollars, we lend approximately $600,000 a year. Our terms are one to five years. The math says we can't do it. Our fund would require an amount of $2.5 million
May 7th, 2015Committee meeting
Tim Johnston
Indigenous and Northern Affairs committee Mr. Chair, thank you for the invitation to appear today. I am Tim Johnston, manager of North Central Community Futures Development Corporation Inc. I am joined today by our chairperson, Frances McIvor, an entrepreneur from Wabowden, Manitoba, and a member of the Peguis First Nati
May 7th, 2015Committee meeting
Tim Johnston