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Finance committee  I'm not sure that it's my role to lay out the game plan for that, so I'm not sure that I can speak for EDC on that score. I will say that in repeated survey work that we do with the market, one of the key barriers that Canadian exporters face in terms of being able to take adva

February 17th, 2015Committee meeting

Peter Hall

Finance committee  We undertook these bonds. The first was issued in July 2013. It had a face value of renminbi 101 million or $16 million U.S., 12 months at 2.1%. The second was issued in November 2014 with a value of renminbi 306 million or $50 million, 18 months at 2.5%. It was referred to in th

February 17th, 2015Committee meeting

Peter Hall

Finance committee  I want to be careful to say that nobody really knows the future, but as career forecasters we try to map those things out as carefully as we possibly can. China is going through a transformation. It's very contingent on the world growth. That's the big question at the moment. Whe

February 17th, 2015Committee meeting

Peter Hall

Finance committee  It's an excellent question. There are a number of different areas that I could go to. In high value-added exports, we have not been present, particularly in the auto sector. Machinery and equipment is a possibility for us, but I think that where our possibilities are perhaps gr

February 17th, 2015Committee meeting

Peter Hall

Finance committee  I mean no disrespect, but a very close Chinese friend of mine once replied to a question of mine by saying that the Chinese eat everything.

February 17th, 2015Committee meeting

Peter Hall

Finance committee  To answer that question, we have to carefully consider the evolution of the Chinese economy. At this point in time, it has been very clearly stated by the governing authorities that there is an intense desire to shift the economy from a trade-focused economy to a consumption-focu

February 17th, 2015Committee meeting

Peter Hall

Finance committee  Thank you, Mr. Chair. I'm very happy to be here today to discuss Export Development Canada's perspectives when it comes to the renminbi hub establishment and the internationalization process. EDC's interest in China's renminbi internationalization process and the establishm

February 17th, 2015Committee meeting

Peter Hall