With regard to Export Development Canada (EDC) financing or loans provided to Porter Aviation Holdings Inc. for the purchase of 16 aircraft from Bombardier, from 2007 to present: (a) what is the amount of any financing or loans provided; (b) how does that financing fit within the mandate of EDC for Canadian exports, given that only 21 percent of Porter's flights are cross-border; and (c) has the Minister responsible waived the normal EDC requirements for Porter Aviation Holdings Inc. and, if not, what plans exist to enforce the EDC mandate?
In the House of Commons on November 3rd, 2010. See this statement in context.