Translation of "first-loss protection " (English → French) :

To prevent extensive downside risk protection, the first loss piece borne by the public investor must be capped.

The capped portfolio guarantee should address the existing gap in the debt market for SMEs supporting new loans by providing credit risk protection (in the form of a first loss portfolio capped guarantee) with the aim to reduce the particular difficulties that SMEs face in accessing finance because of the lack of sufficient collateral in combination with the relatively high credit risk they represent.

Credit institutions should assess whether exposures in the context of asset-backed commercial paper programmes constitute re-securitisation exposures, including those in the context of programmes which acquire senior tranches of separate pools of whole loans where none of those loans is a securitisation or re-securitisation exposure, and where the first-loss protection for each investment is provided by the seller of the loans.

(Return tabled) Question No. 864 Ms. Kirsty Duncan: With respect to mental health and suicide in the Canadian Forces (CF), including regular forces, reservists and veterans, as well as among Royal Canadian Mounted Police (RCMP) veterans: (a) what does history and research show from the First World War (WWI) and the Second World War (WWII), regarding the percentage of Canadian veterans who suffered some degree of Post Traumatic Stress Disorder (PTSD) and how it might have impacted their ability to (i) hold down jobs, (ii) maintain relationships, (iii) overcome substance abuse, (iv) maintain their will to live; (b) how are suicides tracke ...[+++]d for CF regular forces, reservists and veterans, including RCMP veterans, (i) has the tracking method changed over time (from 2000 onwards) for any of these groups, including name changes (e.g., suicide versus sudden death) and, if so, how, why and when, (ii) how are suicides tracked among veterans who may not be known to Veterans Affairs Canada (VAC) and who may be under other types of care (e.g., in hospitals) or in homeless shelters, prisons, etc.; (c) what are the identified gaps in tracking for each of the identified groups and, for each gap, what action items (i) are planned (including predicted start and completion dates, and necessary funding), (ii) are being implemented (including predicted completion date and necessary funding), (iii) have been completed to address the problem; (d) how are suicides investigated for each identified group today and, for each group, for the years 1990 to the present (or years available), (i) what percentage of victims were known to either the Department of National Defense (DND) or VAC prior to the suicide, or to the medical, social-aid or prison system, (ii) what percentage had attempted suicide before, (iii) what percentage suffered from an identified Operational Stress Injury (OSI), including PTSD, anxiety, depression or substance abuse, (iv) what percentage suffered from acquired brain ...

To protect the province against the loss of revenues, it was agreed to compensate Nova Scotia for 90% of equalization losses in the first year and reduce the loss protection by ten percentage points annually until the protection level equals that available under the Generic Solution (i.e., 30%).

Items affecting a single organization are the following: $550 million to Agriculture and Agri-Food Canada for contributions for agricultural risk management under the Farm Income Protection Act; $225.3 million to the Canada Customs and Revenue Agency to address operational workload pressures and pursue revenue generation initiatives; $221.9 million to Transport Canada to provide assistance to air carriers for losses incurred due to the temporary closure of Canadian air space, and additional payments to VIA Rail in support of an expanded capital investment program; $152.5 million to National Defence for additional costs associated with ...[+++] NATO Flying Training in Canada and other professional services; $114.8 million to Fisheries and Oceans Canada for the Fisheries Access program; $109.7 million to the Canadian Institutes of Health Research for program enhancements; $97.1 million to the Department of Foreign Affairs and International Trade for contributions to provinces related to softwood lumber export controls; $74.5 million to Indian and Northern Affairs Canada for the settlement of specific claims with the Horse Lake First Nation and the Fishing Lake First Nation; $60 million to the Canadian Broadcasting Corporation to strengthen and revitalize radio and television programs; $57.7 million to Health Canada in support of federal hepatitis C initiatives; $57.3 million to the Cape Breton Development Corporation for additional costs, including workforce adjustments; $53 million to the Privy Council Office for the Office of Indian Residential Schools Resolution of Canada; and $50 million to the Canadian International Development Agency for programming against hunger and malnutrition through international development and nutritional institutions.