Industry Committee on May 1st, 2018

[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.

[Michelle Rempel, Conservative, Calgary Nose Hill, AB]

Okay.

Of that number, how much went to female-led businesses?

[Navdeep Bains, Liberal, Mississauga—Malton, ON]

Again, I will have to get you that number momentarily.

[Michelle Rempel, Conservative, Calgary Nose Hill, AB]

How much went to non-Canadian-owned businesses?

[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?

[Michelle Rempel, Conservative, Calgary Nose Hill, AB]

I'm trying to figure out how much money you directly gave to companies.

[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.

[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.

[Navdeep Bains, Liberal, Mississauga—Malton, ON]

Correct.

[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.

[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—

[Michelle Rempel, Conservative, Calgary Nose Hill, AB]

Yes, I know. I realize that.

[Navdeep Bains, Liberal, Mississauga—Malton, ON]

There's also the grants and contributions component.

We'll get those for you.

[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?

[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.

[Michelle Rempel, Conservative, Calgary Nose Hill, AB]

Mr. Knubley, do you know what that amount is?

[John Knubley]

No. We'll get back to you with the exact number.

[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.

[Navdeep Bains, Liberal, Mississauga—Malton, ON]

Again, just to—

[Michelle Rempel, Conservative, Calgary Nose Hill, AB]

I'll give Mr. Knubley a moment.

[Navdeep Bains, Liberal, Mississauga—Malton, ON]

Sure.

[John Knubley]

I think of the voted activities, which is $2.3 billion in total, 80% are grants, as I understand it.

[Michelle Rempel, Conservative, Calgary Nose Hill, AB]

To for-profit enterprises...?

[John Knubley]

They're not all for-profit. We would have to clarify that because it's not broken into that detail.

[Michelle Rempel, Conservative, Calgary Nose Hill, AB]

How much money are you giving to companies?