First and foremost, I would say that, yes, the FAA does require that the Minister of Finance, when it comes to loan guarantees, approve them in all cases.
There are different processes that Build Canada Homes may use to seek this. There is statutory funding that is identified within this legislation. As the organization moves forward to draw down that funding, those are opportunities and touchpoints with the Minister of Finance. Build Canada Homes will need to operationally set up the most efficient process.
This clause in particular points to the fact that, in order to issue a loan guarantee, they will need to seek approval from the Minister of Finance.
