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Finance committee  With regard to today's PBO report, we actually took some pride in the conclusions made by the PBO. It found that the government has continued to act in terms of this project on a commercial basis, and that the likely outcome is that the government is looking at a net present valu

December 8th, 2020Committee meeting

Evelyn Dancey

Finance committee  I was going to say exactly what my colleague Andrew said in that a portion of the proceeds have been identified for federal programming that has just been named for the MUSH sector and SMEs.

June 16th, 2020Committee meeting

Evelyn Dancey

Finance committee  Sure. On the first part of the question, in respect to corporate loan writeoffs, the Department of Finance does not extend loans directly to companies, to my awareness. That information wouldn't be reflected in our individual departmental reporting. My understanding is, for exa

June 16th, 2020Committee meeting

Evelyn Dancey

Finance committee  I'm sorry. Thank you, Mr. Chair. I'll just give it in short form. What I was saying is that Infrastructure Canada is the best place to bring together and integrate the data on the federal infrastructure programs. It does release reports on its website, but this is continually a

June 16th, 2020Committee meeting

Evelyn Dancey

Finance committee  I can offer a bit of background on this. As the member would know, there are now a large number of federal infrastructure programs, both legacy, from the first mandate of this government, and more recent announcements by the government. Overall, the responsibility for integrated

June 16th, 2020Committee meeting

Evelyn Dancey

Finance committee  In respect of discussions with air carriers, of course the large employer emergency financing facility program is available to air carriers that meet the size threshold of that program. In respect of the issue of vouchers, that would be a matter that is discussed outside the cont

June 11th, 2020Committee meeting

Evelyn Dancey

Finance committee  The LEEFF is targeted to transactions of about $60 million or higher per firm. At this time, the government has not provided an estimated ceiling or size of the program. The reason is that it is very uncertain in terms of the economic landscape and the financing requirements of t

May 14th, 2020Committee meeting

Evelyn Dancey

Finance committee  Sure, simply to add appreciation for those thoughtful comments. I share the view that an awful lot of learning and collaboration has come to the fore in the past few months and will endure through our stabilization and recovery. I think we will have a great interest in thinking

May 14th, 2020Committee meeting

Evelyn Dancey

Government Operations committee  On energy support, the announcement of April 17, in addition to the wells and the emissions fund, there was also a reference to new financing products to be offered by Export Development Canada and the Business Development Bank of Canada. They are a specific response to the parti

May 4th, 2020Committee meeting

Evelyn Dancey

Government Operations committee  The government's response has been iterative, and so it is believed that these instruments will be very relevant, again, for the vast number of companies in the sector. These are mid-sized companies with larger financing needs than had previously been addressed under BCAP.

May 4th, 2020Committee meeting

Evelyn Dancey

Government Operations committee  I'll pick up from Alison. Broad-based economic supports have been rolled out by the government that are relevant to the vast proportion of Canadian businesses, so the first effort was those responses of general applicability across government in lead portfolios for the last sev

May 4th, 2020Committee meeting

Evelyn Dancey

Government Operations committee  I suppose that in terms of what I was trying to convey, though perhaps not succinctly, was that programs of general applicability are doing very much to support the sectoral challenges that are arising, such as labour bills, for example, and just general liquidity. I was going to

May 4th, 2020Committee meeting

Evelyn Dancey

Government Operations committee  About two weeks ago, the government did announce a package of small business and sectoral assistance measures, which included a few targeted measures for the energy sector. You might be familiar with those already.

May 4th, 2020Committee meeting

Evelyn Dancey

Government Operations committee  Very briefly, they included $1.72 billion in support—

May 4th, 2020Committee meeting

Evelyn Dancey

Government Operations committee  That is exactly the answer I would have given. Certainly, infrastructure is one of the tried and tested stimulus levers. At an appropriate time we would be turning our minds to such things that have worked in the past to stimulate the economy, but we really still need to see our

May 4th, 2020Committee meeting

Evelyn Dancey