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Natural Resources committee The financial support we provide is aimed at improving the internal operations within each company. It can include funding for long-term initiatives to reduce emissions, invest in production equipment, lower diesel usage, minimize and remediate land disturbances, increase the use
November 15th, 2022Committee meeting
Shannon Glenn
Natural Resources committee Thank you, Mr. Chair and committee members, for the opportunity to be here. My name is Shannon Glenn, and I'm the AVP of government relations for the BDC. The Business Development Bank of Canada, in operation for 75 years, needs no lengthy introduction. Keep in mind, however, th
November 15th, 2022Committee meeting
Shannon Glenn
Human Resources committee What I can do is speak to the program that was just announced. This is the Canada digital adoption program. What I would emphasize is that this program falls in the remit of the Department of Innovation, Science and Economic Development, and they would be the primary spokespeople
March 3rd, 2022Committee meeting
Shannon Glenn
International Trade committee I had already made reference to a long-standing MOU that EDC and BDC have in terms of referrals. We also have our presidents speak very regularly in terms of having a president-to-president discussion and action items flowing from there in terms of how we can continue to better o
November 6th, 2017Committee meeting
Shannon Glenn
International Trade committee Your question is with respect to our broader mandate, and as I mentioned in my introductory remarks, our mandate is to be commercially viable. The trade-off is that our risk tolerance is much higher than the chartered banks. That said, we do have to price to compensate in order t
November 6th, 2017Committee meeting
Shannon Glenn
International Trade committee In the survey we just conducted on emerging trends, there are a number of concerns that companies raised with respect to e-commerce, but I don't have the numbers here in terms of all of the concerns. The top ones were shipping costs, hassles of returns, and worries about cybersec
November 6th, 2017Committee meeting
Shannon Glenn
International Trade committee We don't track that specifically in terms of a market segment. Typically, our products are bundled in different ways. We provide a number of services that relate to expanding into new markets. We have financing services. We have advisory services. For instance, we have a very sp
November 6th, 2017Committee meeting
Shannon Glenn
International Trade committee Sure. I understand that my notes have been circulated. I would refer you to the third-to-last paragraph. There are specific solutions for businesses, such as suggestions that they create a digital ecosystem that has a mobile-friendly website with e-commerce capability and that th
November 6th, 2017Committee meeting
Shannon Glenn
International Trade committee Thank you very much, Mr. Chair. Good afternoon. It's a pleasure to be here. My name is Shannon Glenn, and I am assistant vice-president of government relations at the Business Development Bank of Canada, or BDC. I'd like to start with a brief overview of the bank, after which I
November 6th, 2017Committee meeting
Shannon Glenn