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Finance committee The total amount to be paid to the Asian Infrastructure Investment Bank is $199.1 million U.S. dollars, which translates approximately, depending on the exchange rate, to $256.3 million Canadian. It will be paid in five equal instalments, which would translate into $39.8 million
June 18th, 2019Committee meeting
Paul Samson
Finance committee I believe it typically goes out in the first quarter of the year, but my CFO colleague might be able to confirm otherwise.
June 18th, 2019Committee meeting
Paul Samson
Finance committee Certainly. The last ones did go out in the first quarter, but we'll verify whether that is a requirement.
June 18th, 2019Committee meeting
Paul Samson
Finance committee That was for the last two years. We've made two payments to date.
June 18th, 2019Committee meeting
Paul Samson
Finance committee Thank you very much. To add to that, this amount relates to five new people who would be hired specifically due to all the action related to new tariffs and monitoring and acting on those tariffs. It was specifically for that reason. Over a period of several years, we expect thi
June 18th, 2019Committee meeting
Paul Samson