Federal infrastructure bank provided $1-billion in financing for BC Ferries purchase of four new Chinese-made ships

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Open this photo in gallery: BC Ferries is buying four new ships from China with loans from the Canada Infrastructure Bank.DARRYL DYCK/The Canadian Press The federal government’s Canada Infrastructure Bank provided $1-billion in financing for BC Ferries’ plan to buy four new ships from a Chinese state-owned shipyard, a fact that Transport Minister Chrystia Freeland did not mention last week when she sharply criticized the purchase. Ms. Freeland sent a strongly worded letter last week to B.C. Transportation Minister Mike Farnworth expressing her “great consternation and disappointment” with the planned purchase. The letter referenced a previous $75-million loan by the...