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International Trade committee Foreign firms can get access to the structured financing facility--
February 26th, 2009Committee meeting
Chummer Farina
International Trade committee --and they can get access to their own local programs if those exist.
February 26th, 2009Committee meeting
Chummer Farina
International Trade committee Well, no—
February 26th, 2009Committee meeting
Chummer Farina
International Trade committee Yes, that's true.
February 26th, 2009Committee meeting
Chummer Farina
International Trade committee That's correct.
February 26th, 2009Committee meeting
Chummer Farina
International Trade committee I think the two programs are quite complementary. The structured financing facility is an interest buy-down program for shipowners who purchase vessels in Canada. That works in the international market. Most of the uptake of the SFF has been for boats built for the international
February 26th, 2009Committee meeting
Chummer Farina