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

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

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

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.

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

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

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.

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

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

Finance committee  Perhaps I could start on that question. I work in the area of Finance Canada with policy responsibility for domestic economic development. In the first instance, we are the part of the department that looks across the infrastructure programming at the federal level. I absolutel

Finance committee  Certainly. As shown earlier this week by the announcement of the $17.3 million in respect of northern airlines and airlines support, the government is following very closely—and it's my colleagues at Transport Canada as well as ISC—these developments and impacts of COVID-19 in re

Finance committee  I'll take that question.

Finance committee  As both the Prime Minister and the Minister of Finance have said, and you rightly quote, the government is very much aware of the extremely challenging circumstances in Canada's energy sector from the double whammy of the OPEC+ supply glut and the demand depression resulting from

Finance committee  I just want to say that it continues to be the case that this is a pressing and recognized challenge. I know it's not what you would like to hear, but it really is a “stay tuned”. We're very near.

Finance committee  If you have the information on the website, that's what we could follow up with as well as the decision, the points of accountability around the use of the Canada Account. I think you do have that already, but I would have followed up and provided that information.