B.C. Ferries Receives $1B Federal Bank Loan for Chinese-Made Ships

Ottawa supporting B.C. in creating jobs in China

VICTORIA — B.C. Ferries CEO Nicolas Jimenez expects to save hundreds of millions of dollars in interest payments on the purchase of four ferries from China thanks to a low-interest loan from a Canadian government agency.

B.C. Ferries receives $1B federal bank loan for Chinese-made ships

B.C. Ferries has secured a $1 billion loan by a federal Crown corporation to help obtain four Chinese-made ships, a purchase that federal Transport Minister Chrystia Freeland recently said should not involve federal funds.

Federal bank loaning $1B for BC Ferries to buy Chinese-made ships

VICTORIA — A federal Crown corporation is loaning BC Ferries $1 billion to help buy four Chinese-made ferries, a purchase that federal Transport Minister Chrystia Freeland recently said was dismaying and should involve no federal funds.

B.C. premier calls on federal government to step up to the plate to address concerns with BC Ferries deal

The B.C. premier is calling on the federal government to address the outstanding issues with China in the wake of the BC Ferries contract.