Discussion · Oral Questions

Claude Guay Liberal

“We want to encourage 500 billion dollars in private business investment. Alberta will send us a project proposal by July 1, and we will review it. We are also ready to help back loans so Indigenous groups can co-own the project.”
  • Government answer in Question Period

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Official Hansard

Mr. Speaker, we have been clear. Our goal is to catalyze half a trillion dollars in private sector investment. The Major Projects Office plays an important role in that. Alberta has indicated that it will submit a proposal by July 1. We will evaluate it against the criteria set out in the Building Canada Act. According to the memorandum of understanding, the federal government is willing to utilize Canada Indigenous Loan Guarantee Corporation to help backstop indigenous co-ownership if necessary.

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