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Finance committee Thank you, Mr. Chair. I just want to circle back to confirm that we are still awaiting the information that would be available following some of the program adjustments that have been made to the EDC new loan guarantee for SMEs. As well, we are still awaiting information to flow
May 14th, 2020Committee meeting
Nicole Giles
Finance committee Could you give me a moment to look that up?
May 14th, 2020Committee meeting
Nicole Giles
Finance committee Thank you. There are several business credit availability programs, BCAP, that EDC is involved with. Could I ask which program in particular your question is about?
May 14th, 2020Committee meeting
Nicole Giles
Finance committee A useful context on this piece as well might be to add that there are international best practices on this. There are OECD-blended finance principles that OECD countries have signed up to and endorsed, including Canada. That provides the framework for this program under which the
November 5th, 2018Committee meeting
Nicole Giles
Finance committee As Ms. Kent has just explained, this section pertains to the reporting-out component of this and not to the internal Government of Canada decision-making process regarding the allocations, which is a little more the part B component. That might help to clarify.
November 5th, 2018Committee meeting
Nicole Giles
Finance committee The second component, part B of division 17, is new legislation. It's the international financial assistance act, referred to in clauses 659 to 660. This is to implement a budget 2018 commitment to provide $1.5 billion over five years to support innovation in Canada's internation
November 5th, 2018Committee meeting
Nicole Giles
Finance committee Any disbursements that are made and that are funded through the international assistance envelope, which includes this AIIB shares purchase, are reported in the series of reports that we've listed and that we've spoken about. That includes the report that's tabled to Parliament e
November 21st, 2017Committee meeting
Nicole Giles
Finance committee We would report upon the purpose and the payments that were made in accordance with the language in the amendment. However, in terms of our ability to distinguish and to separate out a Canadian dollar within an AIIB project from, for example, a British dollar or an Australian dol
November 21st, 2017Committee meeting
Nicole Giles
Finance committee The report on the Government of Canada's official development assistance, which is required under the ODAAA legislation, is tabled in Parliament every year before September 30, or if the House is not sitting during that period, within five days of the House starting to sit again.
November 21st, 2017Committee meeting
Nicole Giles
Finance committee Canada's official development assistance report, the one that's tabled in Parliament as part of the ODAAA, does include project-by-project information on, for example, the Asian Development Bank, the Inter-American Development Bank, and the EBRD. That focus is pertaining more gen
November 21st, 2017Committee meeting
Nicole Giles
Finance committee The way the Asian infrastructure bank is set up for its capitalization is that the Canadian funding goes into that capitalization and then is leveraged for a series of different projects. Therefore, you're not able to say that for this $1 Canadian, 50ยข of it went to this project,
November 21st, 2017Committee meeting
Nicole Giles
Finance committee I'll be very happy to. Transparency on payments and expenditures is a critical aspect of Canada's international assistance engagement and, indeed, on how all funding from the international assistance envelope is spent. That includes funding that goes to international financial i
November 21st, 2017Committee meeting
Nicole Giles
Finance committee We have not done that cross-comparative analysis, but we can certainly do so.
November 21st, 2017Committee meeting
Nicole Giles
Finance committee There is indeed overlap.
November 21st, 2017Committee meeting
Nicole Giles
Finance committee For the appropriations they would have to come back to Parliament, correct.
November 21st, 2017Committee meeting
Nicole Giles