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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: Annual Subsidy of $41.9 million CDN. Government analysis prepared in advance of competition evaluating expected cost of continued ferry operations, with repair and replacement of ferry landings and vessels.
Direct Cash Support: Funds that Federal Government concluded were substantially ($750 million) less per year than life cycle cost of ferry operations over the same 35 year period.
From Public Sponsor of Project - Direct Expenditure of Appropriated Public Funds
From Private Capital Markets Directly to Producers as Debt: Funds to support design, construction, and initial operations borrowed by Producers as Debt.
From Producers as Equity: But minimal