Federal infrastructure bank provided $1-billion in loans for BC Ferries to buy Chinese-made ships

June 27, 2025

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.

Dan Knight reacts:

Just to just to recap—because this one’s almost too absurd to believe: BC Ferries cuts a billion-dollar deal with a Chinese state-owned shipyard to build four new ferries. Canada’s Deputy Prime Minister Chrystia Freeland—always quick to perform outrage when the cameras are… pic.twitter.com/nMRZifWunY
— Dan Knight (@DanKnightMMA) June 26, 2025