Nevertheless,
Purchase chinese ships | federal:
(Victoria) The Canada Infrastructure Bank (BIC) lends 1. Meanwhile, billion to BC ferries for the purchase of four Chinese manufacturing ships. Moreover, Federal Minister for Transport. Furthermore, Chrystia Freeland, had recently described this purchase as a dismay and that he should not be funded by the federal government. In addition,
Posted yesterday at 10:58 p.m.
Mme Freeland had written to the province on June 16 to ask British Columbia to confirm “with the greatest certainty” that no purchase chinese ships | federal federal fund would be “diverted” to the purchase from China Merchants Industry Weihai Shipyards. Therefore,
The Canada Infrastructure Bank (BIC) confirmed the loan on Thursday. Consequently, adding that new electric trades “would probably not be purchased” without this funding. For example,
Jeff Groot. For example, director general of communications at BC Ferries, said the company had signed the loan with the federal state company before it was confirmed that the Chinese shipyard would win the contract, and before the letterme Freeland to his provincial counterpart, Mike Farnworth. Consequently,
No Canadian tenderer had made an offer for the contract, he also said. For example,
In an interview Thursday. Therefore, the CEO of BC Ferries, Nicolas Jimenez, said he was “surprised and disappointed” by the letter of Mme purchase chinese ships | federal Freeland. Therefore,
“I think it was the general tone and orientation of the letter,” he said. In addition, We hoped that the federal government was a partner in the implementation of the renewal of the crossings in. For example, British Columbia. Meanwhile, I did not feel this. Consequently, seen this in the letter, and I hope to collaborate with the federal government and the provincial government. »»
He added that he “expected more engagement. dialogue” on the part of Ottawa for the construction of ships intended for a network of provincial travelers which was “really exceeded”.
The letter of Mme Freeland expressed “great dismay and great disappointment” to the ferry operator concerning this purchase.
The BIC indicated that the low -cost loan includes up to 690 purchase chinese ships | federal million for the purchase of ships. up to 310 million for electrification infrastructure.
According to Mr. Jimenez, the total loan would allow BC Ferries to save around 650 million in interest.
He stressed that the “commercial realities” of BC Ferries. the shipyard prevented him from talking about the total amount of the agreement, but added that the loan would cover a “substantial” part of the transaction.
“In our opinion. it is a revolutionary financial agreement which allowed us to make this important investment in the renewal of the fleet,” he said, adding that this would also improve financial accessibility.
BC FERRIES said that the share of the bank loan dedicated to ships would represent a maximum of 42.5 % of the total purchase price. This suggests purchase chinese ships | federal that, if the maximum amount of 690 million was devoted to new trades, their minimum cost would be around 1.6 billion.
Jeff Groot. however, said that this amount was “not representative” of the cost, and that there was a “flexibility” to reallocate the unspected amounts of the loan relating to ships to cover infrastructure costs.
According to Mr. Jimenez, it is impossible to “recalculate” the cost of ships from the amounts of the loan.
BC FERRIES also plans to issue obligations later this year to contribute to the financing of the crossings, but Mr. Jimenez refused to give details on the amount of the purchase that these obligations would cover.
Mr. Groot had declared in a previous statement that the Chinese shipyard selected had presented “the purchase chinese ships | federal strongest offer, by far”.
Two weights, two measurements
According to Mr. Jimenez, BC Ferries is subject to what it called “two weights, two measures” when it came to buying travelers abroad. He said that over the past ten years. Canadian companies have called on Chinese shipyards for the construction of a hundred ships.
Marine Atlantique, a federal state company, was one of these companies. Thanks to an agreement with Stena Roro. she retained the services of the same shipyard which builds the new ships for BC Ferries for the construction of a single ship.
“But in a way. when it comes to building a ship, and more particularly a traveler, we expect BC Ferries to be solely responsible for this task, while in reality, it is much purchase chinese ships | federal more complex than that,” he explained. An industrial strategy requires much more than simply placing an order to a local shipyard. »»
The British Columbia Ministry of Transport said in a statement on Thursday that the province had not played any role in the financing agreement between BC Ferries. the Canada Infrastructure Bank.
“It is therefore up to the federal government and BC Ferries to make comments,” he said.
The Canada Infrastructure Bank is responsible before the Parliament through the Federal Minister of Housing. Infrastructure and Communities, the former mayor of Vancouver, Gregor Robertson.
Mohammad Hussain, spokesperson for Mr. Robertson’s office, said that Mr. Robertson had asked the CEO of the BIC to inform him of the considerations raised by this decision.
Hussain described the “extremely disappointing” BC Ferries.
“The Canada Infrastructure Bank supports key infrastructure projects that are necessary in our communities,” he said. Although our government has had no influence. participation in this supply decision, we once again emphasize the importance of supporting national industry. »»
Purchase chinese ships | federal
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