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Ottawa Weighs 'Buy Canada' Policy After Loan Backing Chinese-Built BC Ferries

He said the ferry purchase was BC Ferries’ decision, signalling a push to strengthen domestic-content rules.

Federal Housing Minister Gregor Robertson speaks at a news conference in Stratford, P.E.I. on Aug. 19. Robertson announced $20 million in financing for an apartment building in Stratford through the federal Apartment Construction Loan Program. Stu Neatby
Minister of Housing and Infrastructure Gregor Robertson is responsible for the Canada Infrastructure Bank, which is helping finance the purchase of four new electric-diesel ships from a Chinese contractor.

Overview

  • Minister Gregor Robertson said Canada needs to catch up with the United States on protecting domestic jobs and the economy.
  • He oversees the Canada Infrastructure Bank, which is providing a $1 billion loan to BC Ferries for four hybrid electric‑diesel vessels built by China Merchants Industry Weihai Shipyards.
  • Robertson told reporters the procurement choice was not directly related to the federal government and was made by BC Ferries.
  • Speaking in Coquitlam, he announced nearly $7 million from PacifiCan to support waste‑reduction technologies, including $4.9 million for Moment Energy.
  • PacifiCan said Moment is the first North American firm certified to repurpose EV batteries and it granted $1.8 million to Novo Textile for recycled‑fibre textiles projected to divert about 7,000 tonnes of clothing from landfills each year.