John McCallum at the Government Operations and Estimates Committee

On March 19th, 2013. See this statement in context.

March 19th, 2013 / 12:10 p.m.

Liberal

John McCallum Liberal Markham—Unionville, ON

Thank you.

For Mr. Seymour, I have a question that's perhaps similar to what Kelly was talking about, namely these energy performance contracts. I think the two main costs are the performance guarantee fee and the financing charge. How are those determined? Are they determined competitively? We did a study of PPPs. Sometimes it seems like a black box; we don't know how these things are determined. How are those determined?

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