The funding from Transport Canada is operational funding to BC Ferries. It's completely separate from the investment, the lending, from the Infrastructure Bank. She clarified her concerns about the investment coming from Transport Canada, which is a long-standing operational transfer that happens between Transport Canada and BC Ferries, as I understand it, whereas the Canada Infrastructure Bank financing was a completely separate and independent deal.
Evidence of meeting #5 for Transport, Infrastructure and Communities in the 45th Parliament, 1st session. (The original version is on Parliament’s site, as are the minutes.) The winning word was ferries.
A video is available from Parliament.