With regard to the Canada Infrastructure Bank: (a) what are the government’s definitions of (i) concessional capital, (ii) crowding, (iii) security; (b) how much security will be required for a loan from the Infrastructure Bank, as a percentage of the total project’s value; (c) how much security will be required for a loan guarantee from the Infrastructure Bank, as a percentage of the total project’s value; (d) how much security will be structured as subordinated debt; (e) how much security will be structured as unsubordinated debt; (f) in the event the Infrastructure Bank provides a loan to a project that goes bankrupt, who will repay Canadian taxpayers; (g) in the event the Infrastructure Bank provides a loan guarantee to a project that goes bankrupt, who will repay Canadian taxpayers; and (h) will the Infrastructure Bank provide loans and loan guarantees only to individual projects, or will it also provide loans and loan guarantees to investors who invest in those individual projects?
In the House of Commons on September 18th, 2017. See this statement in context.