Yes. That's the nature of a guarantee. If the company is unable to pay its debts, the government will have to take care of it, since it has guaranteed the loan.
On November 22nd, 2022. See this statement in context.
On November 22nd, 2022. See this statement in context.
November 22nd, 2022 / 5:05 p.m.
Auditor General of Canada, Office of the Auditor General
Yes. That's the nature of a guarantee. If the company is unable to pay its debts, the government will have to take care of it, since it has guaranteed the loan.
See context to find out what was said next.