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November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee No, it wasn't a bidder. These were banks that wanted to advise the government. They'd been ranked by the deputy from one to ten, let's say. I don't know how many banks pitched, but let's say ten banks pitched. So they were ranked one to ten, and we decided that we were going to take two banks.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee No, I did have confidence.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee Because this was a very large assignment, a very significant assignment, one of the largest asset sales we've run in Canada, as you know, Mr. Regan, over the past 15 to 20 years.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee We wanted two banks. We wanted two teams advising on the transaction. This was a complex matter, and as I said, this is very common in transactions of this nature and particularly given the amounts that are involved.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee Mr. Regan, you know very well I wasn't involved in changing anything. The process provided that we could hire up to two banks--up to two banks. We hired two banks.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee Absolutely not: this was discussed with the deputy, and we discussed it together, and we decided that we wanted two banks.
November 16th, 2010Committee meeting
Michael Fortier
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee You'd have to ask the department. You're really reaching deep into the department in terms of how they deal with contracts and how they award contracts.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee How long have I known him? Ten years.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee That's correct.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee Since I've left politics, or...?
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee Since he left? No, I'm not aware of any.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee They were discouraged from it, and if they did, they were supposed to report it, so I don't think they met with lobbyists. I didn't meet with lobbyists, and so I don't think they met with lobbyists, to be honest.
November 16th, 2010Committee meeting
Michael Fortier
Government Operations committee Well, if a museum of fine arts is planning renovations and they come by my office, are they lobbyists?
November 16th, 2010Committee meeting
Michael Fortier