Core Viewpoint - The Canadian House of Commons Transportation Committee is investigating a $1 billion loan from the Canadian Infrastructure Bank to BC Ferries for purchasing four hybrid ferries from a Chinese shipbuilding company, amid concerns over the use of public funds for foreign projects during ongoing trade tensions with China [1][5]. Group 1: Investigation and Political Reactions - The Transportation Committee will summon key officials, including the Canadian Minister of Transportation and the CEOs of BC Ferries and the Canadian Infrastructure Bank, to testify within 30 days [1]. - Conservative MP Dan Albas expressed the need for an explanation regarding the use of public funds for an overseas shipbuilding project, questioning if it would outsource Canadian jobs [1]. - Liberal MP Will Greaves supported the investigation but urged caution in drawing conclusions until after hearing testimonies [2]. Group 2: BC Ferries' Justification - BC Ferries CEO Nicolas Jimenez stated that the decision to select the Chinese shipbuilder was made because there were no Canadian bids, and the low-interest loan would save up to $650 million for ferry passengers and taxpayers in British Columbia [4]. - Jimenez emphasized that without the loan, the company would have to raise ticket prices or seek additional government funding to cover costs [4]. Group 3: Government Concerns and Responses - Minister Freeland expressed shock and disappointment over BC Ferries' choice of a Chinese shipyard, especially in light of China's tariffs on Canadian agricultural products and the government's efforts to support domestic shipbuilding [5][7]. - Freeland requested confirmation that no federal funds would be used to support the purchase of the ferries from the Chinese company and raised concerns about potential national security issues [7]. - BC Ferries defended its decision, citing a history of successful contracts with Chinese shipyards and asserting that the selection process was rigorous and independent [8].