Ms. Margaret Buist at the Natural Resources Committee

On November 17th, 2022. See this statement in context.

November 17th, 2022 / 11:45 a.m.

Vice-President, Policy, Planning, Communications and Northern Projects Management Office, NPMO, Canadian Northern Economic Development Agency

Margaret Buist

No, we do not take an equity position. We provide funding, and it depends on our various programs. Each of us has some national programs, and we also have some very agency-specific programs. They are grants, they are contributions, and we have repayable loans and, in some cases, non-repayable loans. I can only speak for CanNor in saying that we don't take equity positions in the projects that we fund.

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