Pat Kelly at the Finance Committee

On May 17th, 2021. See this statement in context.

May 17th, 2021 / 2:50 p.m.

Conservative

Pat Kelly Conservative Calgary Rocky Ridge, AB

Thanks. I have a couple of questions.

First, I would like a quick explanation of how the budget allotment for this program works. This is a shared risk program, so the dollar figure in the budget does not represent the portfolio of loans to be made.

Is this the loss provision? What exactly is the budgeted amount expended on?

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