You can think of it in terms of sources and uses. We have debt that was drawn from the Canada Account, at least for the first tranches. There's also debt sitting with the banks. That's then recorded on Trans Mountain's books.
November 4th, 2024 / 12:30 p.m.
Assistant Deputy Minister, Economic Development and Corporate Finance Branch, Department of Finance
You can think of it in terms of sources and uses. We have debt that was drawn from the Canada Account, at least for the first tranches. There's also debt sitting with the banks. That's then recorded on Trans Mountain's books.
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