Federal Ministers ‘Disappointed’ With BC Ferries Over China Vessel Orders, Won’t Cancel $1B Loan

Federal ministers told MPs they are “dismayed” and “disappointed” by BC Ferries’ decision to purchase vessels from Chinese shipyards, but they won’t ask the Canada Infrastructure Bank (CIB) to cancel the $1 billion loan it provided the corporation for the purchase.

Infrastructure Minister Gregor Robertson, who oversees the CIB, and Transport Minister Chrystia Freeland made the comments on Aug. 1 as they testified before the House of Commons transport committee, which is reviewing the issue.