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Finance committee  If I'm understanding you correctly, it's about internal operational policies regarding the organization. My understanding is yes. I'm not responsible for the management of the bank. I think you would be better placed to get details on that from the ministry of infrastructure, whi

March 1st, 2018Committee meeting

Richard Botham

Finance committee  When you say “to be clear”, my answer is that my understanding is there is a policy suite relating to the operations. [Inaudible-Editor] different answer.

March 1st, 2018Committee meeting

Richard Botham

Finance committee  Under the legislation that established the Canada Infrastructure Bank, the Minister of Finance has responsibility in a couple of key areas. One area is to approve any payments under the statutory authority that was established. The second is to approve any loans that are provided

March 1st, 2018Committee meeting

Richard Botham

Finance committee  Generally, the kind of mandate that governments have provided the department in terms of that work includes two classes. One class would be a group called enterprise crown corporations. These are crown corporations that operate in a quasi-private market sphere. Examples would be

March 1st, 2018Committee meeting

Richard Botham

Finance committee  At the time of the establishment of the transcontinental railway, there was ceding of property to the Government of Canada of coal blocks in British Columbia. They're referred to as the Dominion Coal Blocks. That is an asset of the Government of Canada that was not developed by t

March 1st, 2018Committee meeting

Richard Botham

Finance committee  Compared to the previous three years, I don't believe so.

March 1st, 2018Committee meeting

Richard Botham

Finance committee  It has been ongoing on a temporary basis, yes.

March 1st, 2018Committee meeting

Richard Botham

Finance committee  Sometimes that's the case, yes.

March 1st, 2018Committee meeting

Richard Botham

Finance committee  The ultimate point goes back to a point in time in the 1990s when there was a fundamental review of asset activities of the Government of Canada. Up until about seven years ago, there hadn't been that kind of in-depth review again. There was a decision made that the government sh

March 1st, 2018Committee meeting

Richard Botham

Finance committee  Both governments, current and previous, have come to the same conclusion that there's utility in looking at that. The mandates given by the government vary depending on the time period.

March 1st, 2018Committee meeting

Richard Botham

Finance committee  I'm sorry?

March 1st, 2018Committee meeting

Richard Botham

March 1st, 2018Committee meeting

Richard Botham

Finance committee  It also provides advice on different options for the government, and then the government decides which direction it would like to proceed in.

March 1st, 2018Committee meeting

Richard Botham

Finance committee  I'm looking for the reference in the text. I want to make sure I give you the right numbers.

March 26th, 2018Committee meeting

Richard Botham

Finance committee  In the last budget the government provided a reconciliation of spending through infrastructure programs, both those that are referred to as legacy programs, which predate the current government, and in some cases predate the previous government, as well as programs introduced by

March 26th, 2018Committee meeting

Richard Botham