BC MLA Demands Answers on Federal Loan Backing BC Ferries’ Deal With Chinese Shipyard

Date:

A B.C. Conservative MLA is calling on the federal transport minister to clarify whether a loan from the Canada Infrastructure Bank for BC Ferries to buy four vessels from a Chinese state-owned shipyard will be withdrawn or reconsidered, following the minister’s criticism of the deal.

MLA Harman Bhangu, who is his party’s transportation critic, wrote an open letter to federal Transport Minister Chrystia Freeland on June 26, seeking “immediate clarification” on the $1 billion loan recently announced by the Canada Infrastructure Bank (CIB) for BC Ferries to purchase new vessels from China Merchants Industry Weihai Shipyards.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Feds Preferred Inflation Measure Rises to 3.5 Percent in March Amid Iran War

A man at a gas station in Elkridge, Md.,...

Belgium to Buy Engies Nuclear Assets in the Country to Secure Energy Supply

Belgian Prime Minister Bart De Wever takes a selfie...

Bank of England Holds Rates at 3.75 Percent

Andrew Bailey, governor of the Bank of England, during...