With regard to funding by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) awarded to COM DEV International Ltd. in the amount of $5,200,000 through the Southern Ontario Development Program (SODP): (a) has the full amount been transferred to COM DEV International Ltd. and, if so, when were the funds transferred and in how many instalments; (b) what amount of the $5,200,000 is to be repaid; (c) what are the repayment amounts and timelines; (d) what was the form of security given by COM DEV International Ltd. for repayment of the loan; (e) what conditions were attached to the funding; (f) how many jobs were expected to be created through the funding; (g) will the government release a copy of COM DEV International Ltd.’s application for funding through the SODP; and (h) will the government release a copy of the final agreement with COM DEV International Ltd.?
In the House of Commons on November 15th, 2010. See this statement in context.