Commitments

(in thousands of dollars)

Year ended March 31, 2009

(a) The Corporation has approved financing of $6,059 (2008 - $11,300) that is undisbursed at year-end.

(b) The Corporation administers strategic investments on behalf of the Province of Nova Scotia that permit approved businesses to receive a percentage of payroll taxes paid as a rebate. Expenses incurred by the Corporation are match-funded by the Province of Nova Scotia in the form of a Strategic Investment Grant. As at March 31, 2009, transactions were approved with maximum annual payments over the next six years of $130.1 million (2008 - $131.9 million) as shown below.

2010$ 27,992
201131,509
201231,651
201322,406
201415,388
20151,200
$ 130,146