Finance committee  I'm Soren Halverson, also with economic development, corporate finance branch, Finance.

Finance committee  The decision to sell Ridley Terminals is consistent with the government's commitment to the efficient use of public resources. Ridley Terminals is the only coal export terminal in Canada that is currently owned by the government. All other terminals are owned and operated by the

Finance committee  The sale will only go through if it maximizes value for Canadian taxpayers. In addition to that, the government has indicated that the sale won't occur unless the purchaser is committed to providing service on an open access basis.

Finance committee  Yes, they will.

Finance committee  Proposals that are received from foreign buyers will be assessed through a standard bid evaluation process. That process will ensure consistency with the new guidelines that were announced in December 2012 regarding state-owned enterprises. The assessment would include a full con

Finance committee  It's too early to comment on any aspect of the sale process.

Finance committee  Again, the government hasn't announced any particulars around the sale process. The intent, of course, will be to develop a process that is competitive and that ensures the outcomes the government has already indicated in terms of an open access regime.

Finance committee  Again, that's a question that can't really be answered at this point in time. There needs to be a competitive process to come out with a proper answer to that question.

Finance committee  It's premature to announce a value for the terminal. There hasn't been any indication of what that is.

Finance committee  The government has indicated that it's looking for a buyer who will operate the terminal on a long-term and sustainable basis.

Finance committee  The government will ensure that its duty to consult, where and as applicable, is honoured.

Finance committee  I'll refer this question to Janet Kavanagh.

Finance committee  My understanding of it is that it just generally provides the government's intent with respect to this particular authority.

Finance committee  Ridley currently provides services on commercial terms to multiple users. It's the government's intent to have that kind of relationship continue, that services are made available to multi-users on a commercial basis.

Finance committee  Good afternoon. I'm Soren Halverson. I work in the economic development and corporate finance branch of the Department of Finance. With me is Elisha Ram, my colleague also at Finance. Tim Gardiner of Natural Resources Canada is also here. On August 30, 2013, the Government of C