Evidence of meeting #104 for Industry, Science and Technology in the 42nd Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was investments.
A video is available from Parliament.
4:50 p.m.
Liberal
Navdeep Bains Liberal Mississauga—Malton, ON
Okay. I'll get you that specifically. We have different grants within different portfolios. I'll get you that sum momentarily.
4:50 p.m.
Conservative
Michelle Rempel Conservative Calgary Nose Hill, AB
Okay.
Of that number, how much went to female-led businesses?
4:50 p.m.
Liberal
4:50 p.m.
Conservative
4:50 p.m.
Liberal
Navdeep Bains Liberal Mississauga—Malton, ON
Again, we'll have to get you that number. We'll definitely break that information out.
Are you looking for international investments and domestic investments?
4:50 p.m.
Conservative
Michelle Rempel Conservative Calgary Nose Hill, AB
I'm trying to figure out how much money you directly gave to companies.
4:50 p.m.
Liberal
Navdeep Bains Liberal Mississauga—Malton, ON
Again, we'll get the exact amount.
We have different ways. It's primarily through grants and loans as repayable contributions. Those are the two mechanisms that we have.
4:50 p.m.
Conservative
Michelle Rempel Conservative Calgary Nose Hill, AB
Sure. I mean, some of the budgetary figures we've seen are $372 million for Bombardier and $35 billion for the Infrastructure Bank.
4:50 p.m.
Conservative
Michelle Rempel Conservative Calgary Nose Hill, AB
I just would like to know how much money, since we're at the main estimates, you've given to companies.
4:50 p.m.
Liberal
Navdeep Bains Liberal Mississauga—Malton, ON
In the main estimates there are two components. There's an operating component to the main estimates, which is the baseline for personnel—
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Conservative
4:50 p.m.
Liberal
Navdeep Bains Liberal Mississauga—Malton, ON
There's also the grants and contributions component.
We'll get those for you.
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Conservative
Michelle Rempel Conservative Calgary Nose Hill, AB
How much in grants and contributions did you give to for-profit enterprises, including all of the sub-departments?
4:50 p.m.
Liberal
Navdeep Bains Liberal Mississauga—Malton, ON
It's a great question. We'll get that to you momentarily. I'll just ask my officials to get that number for me.
4:50 p.m.
Conservative
4:50 p.m.
Deputy Minister, Department of Industry
No. We'll get back to you with the exact number.
4:50 p.m.
Conservative
Michelle Rempel Conservative Calgary Nose Hill, AB
We're at the main estimates. I wanted to know how much money you're giving to companies because I was going to ask you how many jobs you've created from that money.
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Conservative
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Deputy Minister, Department of Industry
I think of the voted activities, which is $2.3 billion in total, 80% are grants, as I understand it.
4:50 p.m.
Conservative
4:50 p.m.
Deputy Minister, Department of Industry
They're not all for-profit. We would have to clarify that because it's not broken into that detail.
4:50 p.m.
Conservative