March 1, 2011 (40th Parliament, 3rd Session)

Hon. Jim Flaherty (Minister of Finance, CPC)

Mr. Speaker, there are two matters relating to the Lower Churchill. One is an application for a loan guarantee, and that is being discussed by officials in the federal government with the Government of Newfoundland and Labrador. The other is a P3 application to PPP Canada Inc. with respect to a proposed transmission connection, and that is being dealt with in the normal way by PPP Canada Inc.