Nathaniel Erskine-Smith at the Industry, Science and Technology Committee

On April 26th, 2022. See this statement in context.

April 26th, 2022 / 4:55 p.m.

Liberal

Nathaniel Erskine-Smith Liberal Beaches—East York, ON

Thank you very much.

BDC's mandate is to help businesses, specifically entrepreneurship, with some special reference to small and medium-sized enterprises. Could you give us a sense of the percentage of floating-rate loans that BDC has with small and medium-sized businesses? Furthermore, with that number in mind, are you concerned about the impact of rising rates on SMEs and the negative impact on growth?

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