Finance committee  Thank you. I can take that question. The responsibility for costing the project rests with the Trans Mountain Corporation, the company that owns the underlying asset and is responsible for the project. It's the board of directors' responsibility to undertake that costing exercis

Finance committee  This is a responsibility that rests with the Crown corporation rather than the finance department.

Finance committee  First and foremost, within the public service we're very mindful of the particular challenges in relation to economic development in the north, which is the area I'm representing from the finance department. With respect to infrastructure, I'm sure you know already about this p

Finance committee  That's a discussion that could take hours. To use the time efficiently, I'll note the government's recent Arctic and northern policy framework, which includes measures, opportunities, and targets, across a range of policy areas, including economic development, but not only econo

Finance committee  Thank you for the question. Indeed, it is the case. I know you have the figures already of the government announcing a total of $2.5 billion in compensation for supply-managed farmers and processors, with $2.4 billion being allocated to farmers. To date, payment for the current

Finance committee  Yes. It’s not within the purview of the Department of Finance, so I don’t know the date or the vote.

Finance committee  What I can offer is that the government as the owner of this project has indicated that it stands ready to see the project through to construction, so the costs would be something that the government has put itself behind in being willing to support through the appropriate instru

Finance committee  What I'm trying to emphasize really is the division of labour and that this kind of delineation between who is responsible for what protects and preserves the commercial decision-making in respect of the project. It is the case that the Department of Finance.... It's within our

Finance committee  Yes. The Crown corporations in any government minister's portfolio are responsible to provide corporate plans. As I mentioned in passing on the question of accountabilities, the overall planned activities and the cash or the capital requirements of Crowns run through an appropria

Finance committee  There are different instruments for different Crown corporations, but if we're talking about the Trans Mountain Corporation, which I think we are—

Finance committee  —to date the financing has been untaken on the EDC Canada Account. The Canada Account involves a statutory appropriation versus a voted appropriation. I think it would be premature for me to comment, going forward, on how future costs related to the projects would be financed,

Finance committee  The Canada Account is a construct that exists through the legislation. The act is the Export Development Act, so it's—

Finance committee  It does create the statutory appropriation. On EDC's website there is a disclosure about the transactions that have been undertaken on the Canada Account.

Finance committee  From a historical perspective, that's how it has proceeded to date. There would be a number of other types of transfers that are statutory, and one of the statutory instruments that exist is this one.

Finance committee  First and foremost, the government makes its decisions around the allocation of funding and resources, typically through a budget process but not always through a budget process, so that's a conversation between the Minister of Finance and the Prime Minister and cabinet. I think