The Canada Infrastructure Bank is providing B.C. Ferries an additional $1 billion in low-interest loans to support service upgrades – including the purchase of four new vessels from a Chinese shipyard.
Premier David Eby said it is concerning that no Canadian companies bid on a B.C. Ferries contract to build four new major vessels, but he won’t intervene in the company’s decision to award the contract to a Chinese state-owned shipyard.
