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646 - 656 of 656
Add a filter on Committee Evidence - FINA-13
Committee Evidence - FINA-13
2020-03-10
Sean Fraser - 17:29
Lib. (PE)
Hon. Wayne Easter (Malpeque)
2020-03-10 17:30
...More
Thank you.
To the Auditor General, this wasn't a request but it was a suggestion. I just want to remind you of it so you can maybe pull it up again. In the finance committee's December 2016 budget, there was a suggestion that the Auditor General conduct a complete audit of the sale and disposition of the assets of the Canadian Wheat Board since the Marketing Freedom for Grain Farmers Act received royal assent. There is a concern by producers out there that there's still somewhere around $300 million unaccounted for. That's in their December report. It's not a request; it's a suggestion that was made by the committee. You might want to pull that up and think about it.
With that, we've had an interesting couple of hours. I thank all the members and thank you very much to the witnesses for appearing.
The meeting is adjourned.
...Less
Companies
Government assistance
Add a filter on Committee Evidence - INDU-6
Committee Evidence - INDU-6
2020-02-27
Sherry Romanado - 11:37
CPC (AB)
Hon. Michelle Rempel Garner (Calgary Nose Hill)
2020-02-27 11:37
...More
Thank you, Madam Chair.
Mr. Kennedy, would you be able to table a list, including the total value of loans, grants or contributions made by your department, any of the development agencies or granting councils, to any corporation with net earnings of $10 million or greater?
...Less
Companies
Department of Industry
Government assistance
Supplementary estimates (B) 2019-2020
Simon Kennedy
2020-02-27 11:38
...More
Madam Chair, maybe I could take that request away. I believe this information is largely available, so I'm happy to follow up.
...Less
Companies
Department of Industry
Government assistance
Supplementary estimates (B) 2019-2020
CPC (AB)
Hon. Michelle Rempel Garner (Calgary Nose Hill)
2020-02-27 11:38
...More
So that's a yes?
...Less
Companies
Department of Industry
Government assistance
Supplementary estimates (B) 2019-2020
Simon Kennedy
2020-02-27 11:38
...More
I'm happy to follow up. I'm not aware of any restriction, but I'm happy to take the request back.
...Less
Companies
Department of Industry
Government assistance
Supplementary estimates (B) 2019-2020
CPC (AB)
Hon. Michelle Rempel Garner (Calgary Nose Hill)
2020-02-27 11:38
...More
Thank you.
Can you please also table the rubric your department uses to calculate the number of jobs created by grants and contributions, matching the list of grants that I just asked for?
...Less
Companies
Department of Industry
Government assistance
Job creation
Supplementary estimates (B) 2019-2020
Simon Kennedy
2020-02-27 11:38
...More
I will come back to the honourable member with that.
As I noted earlier, typically, through programs such as the strategic innovation fund, there are binding undertakings around the kinds of investments that will be made. That is generally where the numbers come from. To the extent we can illuminate them, I'd be happy to do so.
...Less
Companies
Department of Industry
Government assistance
Job creation
Supplementary estimates (B) 2019-2020
Hon. Michelle Rempel Garner - 11:38
Add a filter on Committee Evidence - FINA-8
Committee Evidence - FINA-8
2020-02-19
Hon. Wayne Easter - 13:13
CPC (MB)
Marty Morantz (Charleswood—St. James—Assiniboia—Headingley)
2020-02-19 13:13
...More
There are a number of factors that relate to the debt-to-GDP ratio. For many of these factors, you had the information to make your determination before the 2015 election.
Be that as it may, I'll just move on to another question, and it directly relates to the deficit. It has to do with corporate welfare. In my constituency, people are constantly asking me about this. I'm getting emails, calls—$50 million to Mastercard, millions to BlackBerry and Loblaws. The one I can't get over is $17,000 on 5,000 rubber ducks for the Communications Security Establishment.
Given these kinds of inept decisions, how can you assure Canadians that their money is being well spent? Balanced budgets were promised by you, personally, out of your own mouth—a promise that was not kept. All you're delivering are these ballooning deficits.
...Less
Companies
Government assistance
Pre-budget consultations
Lib. (ON)
Hon. Bill Morneau (Toronto Centre)
2020-02-19 13:14
...More
I will come back to the importance of outcomes. The importance of being able to recover from a low growth rate can't be overstated. We found ourselves with a difficult situation, and we all recognize that there continues to be a real challenge in parts of our country. Not dealing with that would have been irresponsible, and having high unemployment—in excess of 7% at the time we came into office—was an issue we had to deal with. We have dealt with it, but it's not one that we can ever stop thinking about, because there are still people in places like Alberta and Saskatchewan who are going through real challenges.
We are going to continue to do that. We will work to make responsible decisions around making investments together, whether it's with businesses or people who are going to create economic opportunity. That's something we should be proud of and see that we've made real strides in employment. We'll need to continue to be responsible in how we do that. I appreciate your point on that, and it's certainly something that I reinforce with my colleagues at every turn.
...Less
Companies
Government assistance
Pre-budget consultations
Hon. Wayne Easter - 13:15
Hon. Wayne Easter - 13:35
CPC (AB)
Michael Cooper (St. Albert—Edmonton)
2020-02-19 13:35
...More
Thank you, Mr. Chair.
Thank you, Minister.
At a time when your government has been delivering massive deficits and debt, your government has also been delivering massive waste: $50 million for Mastercard, $12 million for Loblaws, $40 million for BlackBerry, a $600-million media bailout, and $256 million to build pipelines in Azerbaijan.
On what date will the $372-million bailout to Bombardier be paid? In 2017, Bombardier laid off 3,000 workers, while senior executives gave themselves a 50% pay hike.
...Less
Bombardier Inc.
Companies
Government assistance
Government loans
Pre-budget consultations
Lib. (ON)
Hon. Bill Morneau (Toronto Centre)
2020-02-19 13:36
...More
First, I think we need to address the decisions that our government's been making around the stewardship of the economy. I hope that Canadians would look at our economic situation and realize that with the kinds of unemployment rates we have today, and with continuing growth in our economy, we've made decisions that are putting us in a strong position. We will continue to work to make sure that we are fiscally responsible, while maintaining a good situation.
The Bombardier company's decisions over the last couple of weeks in terms of the changes in their organization are ones they took independently to protect the company and the workers, we hope, in Quebec and across the country. We have been assured that any repayable contributions will be repayable under the new ownership. We certainly hope that success for that company, as well as for all companies, continues, and I will be watching carefully to see that.
...Less
Bombardier Inc.
Companies
Government assistance
Government loans
Pre-budget consultations
Michael Cooper - 13:37
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