Feds gave BC Ferries $1B loan for Chinese-built vessels
The Canada Infrastructure Bank provided BC Ferries with a $1 billion low-interest loan to procure four new ships from a Chinese state-owned shipyard.
The Canada Infrastructure Bank provided BC Ferries with a $1 billion low-interest loan to procure four new ships from a Chinese state-owned shipyard, further distancing itself from the Liberals’ “Elbows Up” promise.
When the negative pushback to BC Ferries announcing the four new vessels would be manufactured by a foreign company first surfaced, the Liberals passed the buck onto the British Columbia provincial government, claiming they were to blame for not supporting Canadian workers.