Refine by MP, party, committee, province, or result type.

Results 1-8 of 8
Sorted by relevance | Sort by date: newest first / oldest first

Finance committee  Yes, that's correct.

November 5th, 2018Committee meeting

Mark Lusignan

Finance committee  It's not quite a loan, but no, we would be structuring our contributions, or whatever funding—depending on the vehicle, whether it's a guarantee, a loan or an equity position—in a manner such that we are looking to provide risk-adjusted rates of return that would encourage the pr

November 5th, 2018Committee meeting

Mark Lusignan

Finance committee  Taxpayers' money will be at potential risk. We will obviously employ risk mitigation measures and look at the structure of the transaction and obtain security interests to mitigate those risks. There is an assumed accrual profile. We are getting the authority to deploy $1.5 billi

November 5th, 2018Committee meeting

Mark Lusignan

Finance committee  In the design of the program that we are contemplating right now, we would never issue full guarantees, only partial guarantees, and we would always make sure that the private sector had skin in the game. The challenge we're facing is literally to mobilize private sector money o

November 5th, 2018Committee meeting

Mark Lusignan

Finance committee  They don't go back into the fund. They return to the fiscal framework.

November 5th, 2018Committee meeting

Mark Lusignan

Finance committee  Thank you. In order to support the execution of the two new programs, the Minister of Foreign Affairs and the Minister of International Development need new legislative powers, notably: the power to grant sovereign loans to eligible developing countries, to any order of governm

November 5th, 2018Committee meeting

Mark Lusignan

Finance committee  Allow me to clarify that. Canada may grant a loan, either directly to the foreign government, or to an entity in the other country, or in the context of a project in that other country that is guaranteed by the foreign government, and on condition that that country will benefit.

November 5th, 2018Committee meeting

Mark Lusignan

Finance committee  Indeed. The department's current powers are limited to non-refundable subsidies and contributions. That mechanism will thus apply to projects that are not sufficiently commercially viable. This will allow us to mobilize capital. Moreover, this has the advantage of making it possi

November 5th, 2018Committee meeting

Mark Lusignan