Thank you for listening to Pictures Media Radio Welcome to Policy and rights show US welcomer policy that human joys.
Last night, you drones from Russia violated Polish airspace. Our air defenses were activated and successfully ensured the defense of NATO territory as they are designed to do. Several allies were involved alongside Poland. This included Polish F sixteen's, Dutch F thirty five's Italian AOX, NATO Miltonal Tanker Transport, and German Patriots. I command, the pilots and all who contributed
to this quick and skillful response. The North Atlantic Council met this morning and discussed the situation in light of Poland's requests for consultations under Article four of the Washington Treaty. Allies expressed solidarity with Poland and denounced Russia's reckless behavior. A full assessment of the incident is ongoing. What's clear is that relation last night is not an isolated incident. The Supreme ADOT Commander will continue to actively manage our
deterrence and defense posture along the entire Eastern flank. Allies are resolved to defend every inch of Allied territory. We will closely monitor the situation along our eastern flank, our air defenses continually at the ready. This only reinforces the importance of NATO and the path to which Allies agreeted
our summit in the Hague earlier this year. We need to invest more in our defense, ramp up defense production so we have what we need to deter and defense, and we need to continue to support Ukraine, whose security is interlinked with our own. A Lepic conclude by saying that Russia is raising a dangerous war of aggression against
Ukraine that continually target civilians and civilian infrastructure. Allies I determined to step up their support for Ukraine in the face of Russia's escalating campaign.
Welcome back to policy and right here in Depictions Media Radio, I'm your host, Michael Kloggs. So you just heard a brief statement from Mark rad the Secretary General for NATO, the North American North Atlantic Treaty Organization, after several Russian
drones crossed into Polish air space. Mind you, I'm going to toss in the illegal crossing of Russian drones into Polish air space this was an active aggression or not, it did activate defense mechanisms which were designed for such a thing to allow NATO forces to take action against attacks. And while it did do all those things, the question is why did those drones cross into Polish airspace to begin with? There are no clear cut answers about that.
But you did just hear that statement from Mark Rutt about that, and we will actually have a full press conference from European NATO leaders about what has happened with the drones Russia, Poland and NATO. There was a tragic death in the United States. Charlie Kirk. Charlie Kirk was
a very very conservative, very radically conservative. Some would even say that Charlie Kirk was racist, going by the rhetoric that he produced, the content that he produced, and some of the things that he actually said about minority people in the United States, such as that they haven't earned their right to certain things, and that black people are too busy looking for handouts in order to move forward with their lives, and that they are not deserving of
any type of government bailouts or anything like that. The thing of it is is no matter if you think that Charlie Kirk was a racist, white supremacist, or any of those things, or rather you wholeheartedly agreed with everything
that Charlie Kirk had to say. The point, the bottom line point is is that Charlie Kirk was shot and killed by another person for whatever the reasons are, and that person now needs to be brought to justice and answer for the crime that they have committed, because what they have literally done at this point is whatever Charlie Kirk had to say has they have now turned him into a martyr for the cause of racism. That we
can no longer debate Charlie Kirk as a person. We can only debate Charlie Kirk by his writings and his content that he has left behind. And that's not exactly a good thing that we should be able to debate Charlie Kirk. And from my point of view, my personal point of view, this is me speaking as Michael Cloggs, not as founder of Policy and Rights or a director of one of the directors of Depictions Media. There's not
me speaking as as that person. Charlie Kirk now no longer has the opportunity to find out if he was right about things, if his rhetoric was right or wrong. He has no chance to live to see it through and that's a shame that we all should have that ability to live out our rhetoric to see, hey, did we get it right? And Charlie Kirk no longer has the opportunity. That opportunity was tragically taken away from him
and instead he was handed a bullet. There are other issues around Charlie Kirk, with Donald Trump trying to politicize this, trying to offer him a posthumous metal, all sorts of things, calling him a great American for his rhetoric, trying to trying to make make his life his work more than what it may actually be. Then again, Donald Trump may actually agree with everything that Charlie Kirk had to say and thus giving him a posterous metal is a very
presidential thing to do. Then, But the thing is, the bottom line is is that Charlie Kirk should be alive right here, right now to debate his rhetoric, to debate
what he is that he believes. As a human being, he should have that right to debate and defend it, and someone took that from him, and that person should be found brought to justice, to be held accountable for what it is that they did and be given the proper due process, through to finding out why they did what they did and to find out how we could do better as human beings so that it doesn't happen to it doesn't necessarily we're not in all this. We're
not just talking about that he was a conservative. He was an outspoken person, and outspoken people could be put into harm's way no matter which side of the coin you're looking at. Okay, So moving back to Canada, we are going to hear from Tim Hodginson as he is is in Edmonton talking about railways and federal support for
Alberta Railways. Alberta railways are very important things. I can tell you right now that the Alberta Railways, the the the train, the freight trains that actually moved from Alberta towards BC Ports carry Alberta Tarzan Beachaman, and that Beachman is important to Canada in general because it is being
sold to Asia for whatever the price may be. But it brings a profit back to Canada, brings a profit back to the people of Alberta, It creates jobs, and it does a lot of good things for the local authorities, the local municipal governments as well as provincial governments right on up to federal governments because it is worth quite
a bit of money as a petroleum product. So we look forward to hearing from hearing what Tim Hutts has to say about Canada railways and especially coming from Alberta, and how they plan to spend one hundred million dollars on these railways. So why don't we get started, and we're going to hear from the World Food Program as you're giving a report about food programs and how successful
they are around the world. Sorry about that, History decided that she wanted to chime in on UH on the conversation, and we're gonna hear from the representative from the World Food Program and they're going to tell us how things are going for that because with some of the funding cuts that have happened from the United States. In the United States, UH federal programs cutting back on several charities.
How it is affecting the capabilities of the World Food Program as they do work delivering food to many hotspots in humanitarian efforts around the world.
How much you have to ask you to stay for our UH guests UH from the World Food Program who are here to present the report on.
Nutrition. Uh, so we will go right to them.
If you want to go ahead, go ahead and start. We will no there there, everybody's online, if we could put them, if we could put the briefers online, and then we'll start with Carmen. Thank you, go ahead, yes, go ahead, and I really I apologize to both, to both you and Professor Bundy for their delay. But news gets in their way unfortunately of important things.
Of course, no problem. Very happy to be in the New York briefing room again. Thank you so much for your intentions.
And obviously after.
The very sobering news that we just heard from the from the UN headquarters, I'm glad to say we're here to give you some good news, which is hard to come by these days. The World Food Program is launching today it's fourth State of School Feeding worldwide publication. This publication comes out every two years and is the major monitoring report on this massive policy area that is very important for governments. I promise some good news, so I
will go ahead and give you the highlights of the report. Today. We are announcing that four hundred and sixty six million children are receiving meals in schools. This is the largest food assistance program for children worldwide. The good news is that over the last four years, an additional eighty million, eight zero eighty million children have received meals compared to where we were in twenty twenty. This is unprecedented progress.
We have not seen a scale up of a program of this magnitude in at least a decade, and most of it is due to government mobilization and domestic investments.
There's more good news. Of those eighty million children that are being reached in in addition to what was already done in twenty twenty, about sixty percent of those are in low income countries, which tell us that even through fiscal crises and through financial hardship, low income countries where children need these programs the most, are making enormous efforts to make sure that their children are protected during crises and their futures are secured. Africa is the continent with
the most impressive progress. More than twenty million children are additionally receiving meals and schools in the continent. We want to highlight success stories in Kenya, in Ethiopia, and Rwanda, only to name a few. Beninas another country. This is really thanks to presidential leadership in the continent, and we're very glad to see Africa stepping up on the fight against hunger and also guaranteeing a better future for its children. We also know that this scale up, this massive scale up,
is thanks to impressive funding increases. Global funding for school meals has gone from forty eight billion, forty three billion, sorry, forty three billion dollars in twenty twenty to eighty four billion dollars in the last estimates that we have. Now what's also impressive is that ninety nine percent of the investment is coming from government budgets. This means that this is a program, this is a global priority funded primarily by governments. Donor support accounts only for one or two
percent of global investment in these programs. Again, this means that this is not a donor supported or reliant effort. This is a government backed agenda. These are presidents, prime ministers and ministers that are prioritizing the well being of
their children and the future. We are also announcing in the publication that a large part of success is owed to the political mobilization of the School Meal's Coalition, which was launched in twenty twenty one under the leadership of President Macron, the government of Finland and later President Lula
of Brazil. The coalition now has more than one hundred countries that have joined, most of them at presidential level, that have committed to ensuring that every child receives a healthy meal in school, and as you could see from the numbers we are publishing today, many many of them have mobilized towards that big goal. The World Food Program has mobilized and has evolved its own role to support
this government mobilization. The organization is the secretariat of the School Meals Coalition and also the largest UN agency supporting this massive policy priority for governments. I want to end by saying, of course, that NOLAD is not all is rosy news. We are also identifying gaps that need to be filled for the future. Even though low income country have expanded their coverage, they still lag behind overall when
compared to high income countries. So at this moment, only thirty percent of children and low income countries have access to these programs compared to eighty percent of children in high income countries. Moving forward, we are calling on all governments to expand access to these programs, which are so vital and the Professor Bundy is going to tell you why in a second.
These programs are vital for many reasons, and it is unsustainable and not acceptable that children and low income countries that are the most.
Vulnerable have the least access to these programs. Professor Bundy, can you please complement what I've just mentioned. As a co author and co editorial member.
Of the report October, thank you so much, Carmen, go ahead, Thank you very much.
For this opportunity to talk on these issues, and thank you Vament for this some good news this evening. I want to also reinforce here the point Carmen was making that this is part of this work is coming from the School Meals Coalition, and that the School Meals Coalition has placed extreme emphasis on the quality of the evidence. So these are data that we want to feel are reliable.
And I want to make the point that we've taken a very special approach here, something new in looking at global evidence, making this country lead and really bringing in the experts working in countries, those who are already advising governments. We have an academy, as we call it, of nearly of more than one two hundred professors and practitioners from one hundred and twenty four countries who are part of
the way we're looking at and analyzing this information. And I wanted to emphasize that the message that there are some key messages resulting from this stronger understanding of the potential benefits of school meals programs, and it is this better understanding of the of the benefits that has led to them becoming public policy in so many countries, policies policies that are owned by the countries, paid for by
the countries, and implemented by them. This extraordinary increase of eighty million in coverage since the COVID pandemic, and so there are really the key messages that have come out of this are a threefold. The first is that the well being of school children is critically important for their learning outcomes. I often think this is a this is something that parents always well understood, but governments and agencies
really didn't. And it's only now that we're really recognizing that well being, the well being of school children and adolescents is he to their learning ability and that providing them with a good education and the world spends about three trillion dollars on educating its children needs the leverage of well being amongst those children at the same time,
and we're seeing real political change here. The most widely given example of this is the recent election in Indonesia, where the president's manifesto specifically highlighted investing in the next generation what he called the Golden Generation in Indonesia, based on the concept that that generation by twenty forty will
be the will be larger than the dependent population. So that this is investing in human capital as a priority for public policy in a country, and that the second key message that's come out of this is that school meals really are one of the best ways to establish good dietary references for life, and we're seeing that emphasized in much of the research, So that what we're saying now, what countries are saying now, is that school meals programs
our main streams way main stream ways of ensuring three important outcomes. The first of that those is human health. And we heard we heard in the opening remarks there that the new UNISEP report has shown that school age children in particular have now now levels of nine percent of obesity, and that addressing obesity an obesity that leads to what we call cardiometabolic diseases or noncommunicable diseases in middle age, diabetes, heart disease, blood pressure and so forth.
Those things are directly linked and that all of the management processes that we have in place have not worked with those and it's prevention that's likely to be the key way forward.
So that's human health.
But also if you change the way children relate to food, and if you change the way young people think about food, they will lifelong change their dietary preferences and will they will select foods on a rational, rational basis. One is to improve their own health, but the other is to improve planetary health. And I think all of us have seen that in children ourselves, that they're choosing foods now that also are ones that favor sustainability in our environments
and connected to that. And the third point is that agric cultural production of food has has ruined soil health in many parts of the world, and there's a real movement now towards regenerative and agroecological approaches to farming to fix that. And one of the ways of achieving that is again by changing the dietary preferences of people. And it's these roles human health, planetary health, and soil health. Those changes are key too, are driven by school meals
programs in a very realistic way. And my final point is to talk about school meals programs in the relation to their role in crisis situations or their their relevance
in crisis situations. And I'm just going to say here that the example of Ukraine is the most salient I think here that Ukraine created a food reform program called the Food Reform in a time of war, that specifically about ensuring that the children of Ukraine are fed despite everything else that's going wrong, and that they are fed
if they go to school. So children who reach the school in Ukraine are now being fed, and over the last two years we've worked with them and now one and a half million children a day are being fed in that way.
So those are the.
Positive messages that are coming out out of the school meals programs, And these are the positive messages coming out of this new state of school feeding worldwide report published by the World Food Program.
Thank you, Thank you so much to both of you. Let us now open for questions, EDI go ahead.
Thank you both very much. On behalf of the United Nations Correspondence Association for doing this briefing. My name is Zita Flutter from the Associated Press. A couple of follow up questions. Can you tell us how many countries in total were covered in this report? And I know you've mentioned some of the least developed and developing countries. Were there any of the developed countries mentioned? And was the
United States included at all? Noting that President Trump has cut off funding for the World Food Program and on the quality of school meals. I know the professor just mentioned that this is a way to instill healthy eating habits in children. Is that any kind of a requirement or is that or up to individual governments and school districts to carry out? Thank you, you.
Can take the first I can take the first question, and maybe just to say that over the years that we've published this report, the number of countries that are in our database has also increased, as has the quality of data.
As Professor Bundy was saying, so we are extremely proud that this report now includes data from one hundred and seventy four countries. That includes countries from high, middle and low income status. That includes information from the US for most of Europe, and as you can see from the number, this is quite a representative sample of global of the
global situation. I should say also, as I mentioned before, that the other thing that we're announcing today is that by enlarge, these programs, which are not insignificant investments, are being born and carried paid by primarily by governments. And so although donor funding is very important primarily in fragile countries, in low income countries, by and large these programs are being supported and sustained by governments themselves. Professor Bundy, maybe on the quality question.
Sure, thank you very much, Can I and I also just thank Edy for welcoming us in that way. That's very touching. Can I also say that, you know, we worked recently with the European Commission on this issue, and twenty six out of the twenty seven countries in the European Commission see school meals as a key contributor to equilibriating the opportunities for children in the European Union that
we've recently seen. Canada and Copenhagen are two countries which inv is not historically at national school meals programmed decide that they are going to implement them. So so it's it's by no means only low income countries that are interested here. This is a this is any country that's interested in the future of its children is paying attention to this issue. And of course you're right, the quality of the food is key. Any old food is not the is not is not the answer. But understanding of
what food is important is very well developed. And food standards f AO, WFP, who all are playing key roles in in raising what those what those standards are, and countries are recognizing this is the this is the key thing that country led programs are really recognizing the need to to stand up and to improve, to improve their standards.
And and let me just say briefly that that that improving the standard the quality of food in the schools often means they're buying more food locally from local farmers. So it has all kinds of virtuous cycle effects. Good questions.
Thank you.
Let me go to the back and then we will make our way back towards that.
Thank you.
Thank you for the briefing. This is Kareem were from the Magabara Press News Agency. I want to go back to the progress made in Africa. As you mentioned, did the civil society and NGOs play any role in this and what can be done to maintain this progress in the years to come.
Thank you, Thank you so much for that question because it allows me also to amplify the data a little bit. I mentioned that only in the last two years there's been an increase of twenty million children additionally, which brings the total in Africa of seventy one point five million children receiving me also as Sub Saharan Africa. Again, this is really impressed numbers. The region is the one that has made the most progress in scaling up these programs
and most of it is because of government efforts. Now agencies and NGO civil society are crucial partners for governments to be able to achieve these milestones. NGOs and the UN system in general are there both supporting this operationally. There is a very important role to play in helping these governments reach these children, particularly in hard to reach areas or in conflict affected areas, but also in providing technical assistance, in sharing best practice, in helping countries connect
to each other. So there is a growing network connected to the School Meals Coalition that is consolidating or connecting partners to those governments as they scale up based on
their commitments. So I just wanted to also shout out and say that as part of the School Meals Coalition, there are more than one hundred and forty partner organizations that are now committed to this cause, which is also a sign of important momentum also from civil society, from think tanks, academia, un agency's, multilateral development banks and others.
It's just expanded.
That's likely to say that.
That within the African context, of course, community organizations are key to this. That the government policy is can be a very important driver, but just as common was saying NGOs, but literally community organizations organizations of parents can also be
vitally important in this. But also in this context, it's really interesting to look at the history here and to recognize that the Malibo Declaration of the African Union, it was two thousand and four very specifically talks about homegrown school feeding as a key issue for Africans, implying two things.
One that the school feeding was a necessary part of investing in children's future, which it absolutely is, but also that homegrown food, developed food grown in countries and food particularly food grown locally by family farmers was the key to making this healthy and available food. So it's again a virtuous cycle that I think fits very well with people's understanding of how our world works.
Thank you, Nori. No do we have more questions in the room?
Do we have?
I don't see additional questions online, so thank you so much. We were joined today by Carmen Barbano. It's very nice to see you on screen, Carmen, it's been a very long time. She's WFP's director of School Meals and Social Protection. And also we were joined by Professor Donald Bundy, who is the co editorial lead for the report. Thank you so much to both of you for joining us today, and thank you so much for your patients. Thank you, thank you so much.
Ladies and gentlemen, thank you very much for joining us. Let me very quickly introduce our colleagues today. So from the Larsen Cosmisk, Director of International Security Policy, you will know the minister, the Italian Minister for Defense, Scido Crosschetto, the Sexuary of State for Defense, John Healey, YenS Plutner, German State Secretary for Armaments and Innovation, and Alice Rufo,
the French Director of International Policy. Our session today, I'm going to ask each of them to do a short opening statement about what they have discussed today, and then it will be questions. We've agreed with some journalists which questions to ask. If we have a short amount of time. There are many trains to catch, so I hope to get through them all. Apologies if we don't. Two of our colleagues, Alice and Martine, will not be taking questions
as they are policy officials and not ministers. But without further ado, let me ask Secretary of State for Deference John Healey to begin.
Thank you, good afternoon everyone. So today in London here we held our fifth E five Defense Minister's Meeting. What has become a significant moment in European security. We face a new era of threat were in Europe rising Russian and Russian and last night Putin hit a new level
of hostility against Europe. We saw across NATO's eastern border a serious violation of Polish airspace deep enough for Warsaw Airport to be closed, and NATO jets shooting down Russian drones in what is the first defensive action of its kind since Putin launched his full scale attack on Ukraine. And just at the same period as Russia's attacks on Ukraine intensify, and as the Prime Minister Starmer said this morning, these moves, he said, only served to remind us of
President Putin's blatant disregard for peace. So together we the Five totally condemn these attacks. Russian's actions are reckless, They're dangerous, They're unprecedented. We see what Putin is doing yet again, he is testing us. Yet again. We will stand firm and Defense Minister Coosgniac Kamesh rightly return home to Poland in the very early hours of this morning to deal with this unprecedented situation. And we pray tribute to the Polish and NATO personnel involved in such a rapid and
effective defensive action. And my message to Martian and the Polish people as this as your NATO ally, we will support you, our Polish friends. As your NATO ally, we will play our part to help secure the safety of your people. And following our discussions today, I've asked our UK armed forces to look at options to bolster NATO's air defense over Poland. Today is FI nations. We say to President Putin, your aggression only serves to strengthen the
unity between our NATO nations. Your aggression only serves to strengthen our determination to stand with Ukraine, and your aggression reminds us that a secure Europe needs a strong Ukraine and that the security of Europe starts in Ukraine. So I'm proud that the five of us were joined today by Ukrainian Defense Minister Shamal.
As.
Ukraine remains at the forefront of our discussions. Following the Ukraine Defense Contact Group which I chaired from London yesterday with over fifty nations attended by Secretary General Mark Rutur and also US Secretary Pete Hegseth. We will continue to ramp up our support for Ukraine because we not jeopardize peace by forgetting about the war, just as we plan for that piece through the UK French Coalition of the Willing.
And I know I speak for all of us when I pay congratulations to our good friend and colleague Sebastian Lukornu being named now as Francis new Prime Minister. So in today's discussions, we also discussed our work together to counter Russia's malign influence in the Western Balkans. And in the week that our UK government published its Defense Industrial Strategy, we discussed how we make defense an engine for growth across our economies, more cooperation, more joint production, more jobs
in all of our communities. And we leave here today as E five nations, Europe's top defense spenders, more united, more determined to front this new era of threat, to step up further for Ukraine, and to continue to boost our defense spending as we increase wolf fighting readiness. We do this to make our citizens and to make Europe secure at home and strong abroad.
Thank you, Thank you, Secretary of State. If we could ask the Italian Minister for Defense, Guido Crochetto.
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Thank you very much.
If I could ask Jen's plotner to provide his owning statement.
Thank you very much. Good afternoon. Also from my behalf. First of all, Ministry, I want to thank you for your warm hospitality and excuse the absence of Boris Pistorios. Would have loved to have been here, but parliamentarian duties required his presence in Berlin. I do not want to repeat what two ministers said. I fully agree with the points they made, but I would like to add my own, in Germany's own firm condemnation to yours about what happened
in Polish airspace last night. It is inacceptable. It is a targeted provocation, and it is a provocation not only against our Polish neighbors, friends and allies, but against NATO as a whole, we stand altogether firm side of our Polish friends, and I think the message we would like to send is a message of strength, of unity and
of not letting us be provoked into hastened actions. It is good that this is being discussed now at NATO and this must find a common answer of all of us to Moscow about the meeting today, the substance has been exposed. Let me say that I feel that today we send a message of unity of unit in our
support stepfast support for our Ukrainian friends. It's very good discussion with the Minister Schmihal, but also a message of unity when it comes to our own efforts to bolster our defense readiness and to work closer together in order to do so. This group of five, the fifth meeting has proven from our point of view, to be a catalyst for for new ideas and a motor of of change. And somewhat in that spirit I would like to on behalf of Bob was Pistio's extended invitation to you, Minister's
colleagues for Bilin for the next meeting. Towards the end of this year. Thank you very much for your hospitality.
Ye and thank you very much Alice Alice Rufo, Thank you.
Very much, Defense Secretary, and we switch to English. Do la bando Sebastiania. Papetrola parskill preis a diversive provo falicitation on KAJMO. Thank you for for having me in this very important meeting. My minister was committed from the very beginning to this format and I like the words used by Yance, it's a motor for NATO, for our European defense. It's very important to have this room to discuss strategically
and to have this impulsion together. I will as well add that what happened yesterday in Poland was totally unprecedented and unacceptable. As mentioned before, we are collective answer was effective and we need to continue to work together. And of course France tand ready to support you, and we are as well looking options in a coordinated way on reinforcing your air defense on Ukraine. I think we had in one week and a half the meeting of the Coalition of the Will at the leaders level the UDCG
with successful and concrete results. And I think what we had as well today showed that Europe is stepping up, ready to support Ukraine in the short term, ready to offer Ukraine security guarantees for the future and to achieve peace through strends, and that now Russia needs to understand that it should come to the negotiation table and stop this war. Thank you as well for the very good discussion on industry. We all are in face of the
same issues. Ramping up accelerate and I'm sure that with all this very pragmatic approach we had today will do progress together. And thank you as well for the interest on the baggans. I think it's important for this group to work together and to strategize on this region because we are very much committed through NATO and EU and by that running to the stability of the region.
Thank you very much, Alice, thank you very much. Massin Kasmerski, thank you very much.
And as you, as you just heard from the Defense Secretary, Heally, the deputy Prime Minister and Minister of National Defense had to live unfortunately had to skip the second day of
the meeting due to the attack. I think it is it is the best way to describe it, the drawn attack that took place last night over the meeting, we confirmed the importance Poland attaches to the E file format as a platform platform for discussing issues of importance of great importance for the European security, transatlantic relations, the war or the Russia's aggression of Ukraine and support or assistance
for Ukraine. That was definitely confirmed. This is something that we wanted to as a Poland developed, as I just said, as a platform for not only discussing things, but also looking for specific initiatives in the areas I just mentioned. When it comes to what happened over Poland last night, as you just heard, solidarity was expressed. Conviction that we need more as an alliance, as a NATA, we need
more coherence, more unity. That we should look also in practical terms how to make not only Poland but all the flying countries better able to cope with the threats we had to cope with last night. And as it was also already mentioned, the response was collective in a manner.
Not only Polish assets, Polish aircraft, but also those of some other allies were involved in it, activated or used and it is the best example of solidarity of unity and we as a Poland we want to discuss we would like to discuss this issue farther within the NATO framework to be sure that we as a NATO that we are able to that we will be able to in the future to respond to such threats in the best possible way. Thank you very much, Astin.
Thank you.
Just to remind them us in analys will not be answering questions, but the minister as well, Carl Dinnan.
My name is Brian Corning. I'm the President CEO of can Do railm Terminals. The reason why we're here today actually is to give thanks to CIV Canada Infrastructure Bank. You know we own We own sixty two locations across Canada and US. We have thirteen terminals across Canada. We have the largest terminal, privately owned terminal here in Sturgeon County,
just up the road, over six hundred acres. When we're building the second part of that what we call Sturgeon East Sturgeon West, I apologize what we call Sturgeon West now the twining off it. There's always things regard to the supply chain and investment decisions along that line. When a particular client made a decision to postpone some of their investments. We looked at is this still something that we want to do? Is this still a viable investment
for us? It's an investment that the Province of Alberta requires, It's an investment that the Imperial Oils, the Sun Cores, all those companies who are shipping product. It's an investment that they require. But is it an investment that should be funded by us? We had numerous conversations with CIB and they were great. In the discussions, we explained that we're looking.
To de risk our investment.
Going through the calculations, we came up with the concept that they can bring us to the table one hundred million dollars off the two hundred million dollars investment. It's alone. It is something we will pay back over the next couple of years. But it helped us to de risk the project. So instead of us looking at it and saying we'll delay our investment for two years, no, we went live. In fact, we broke ground there two weeks ago. We will go live on that particular project again, a
two hundred million dollar investment. It will be up and running November twenty twenty six. Would it have happened without the funding from CIB. That's always a tough decision. Like any company in the world, we have finite resources and one of those resources is access to capital. It's a finite resource. So looking at and partnering with CIB was really really helpful in saying yes, let's go live. Now we'll go live. We will be live November twenty twenty six.
The project will be up and running, and then when some of the clients go live in twenty seven, twenty eight, we're there, ready and willing. So I want to thank CIB very very much. It helped derisk the project. It is one hundred million dollars off to two hundred million dollar investment. It is a loan for the next four years. With that being said, though, I'm going to hand it off to Minister Hodgson, who I'm sure has no requirement for me to introduce him in that sense.
So Minister, thank you.
Very much.
And can do what better, what better backdrop for what we're talking about today. Good afternoon in Boujeour thank you for the kind introduction and for beginning our program today with acknowledgment that we are in the heart of Treaty six territory in Alberta, in the homeland of the Mateen nation. I'm pleased to be here today along with the CA, Canada Infrastructure Bank, Candy Rail, and other distinguished guests. As the Prime Minister has often said, Canada is currently standing
at a hinge moment. In response to this shift, our government has elected to build stronger, more resilient, and transform our industries, diversifying our trade and making Canada an energy and natural resources superpower.
In support of our job to retool our.
Economy into one that can keep Canadians competitive for decades to come. That is why we move quickly to pass the One Canadian Economy Act, tearing down internal trade barriers and resetting how we build major projects in this country. And last week we officially stood up our Major Project's Office on un stop shop for provinces, territories, proponents and indigenous peoples to access the federal government. This means Canada can spend more time building like here and less time
with bureaucracy. The Major Project's Office will be based right here in this province, a province that exemplifies that can
do mentality of the projects of national interest. Did you guys trademark can do There's no better place that exemplifies the can do spirit than in Alberta's industrial heartland, five hundred and eighty two square kilometers that hosts more than forty different companies that have invested over fifty billion dollars in capital to build an area that serves fuels, fertilizers, power, petrochemicals, hydrogen and more and delivers it to customers around the world.
As Canada's largest hydrosing a hydrocarbon processing region, the most advanced carbon sequestration hub, the Heartland stands at the intersection
of economic resiliency and environmental leadership. As the Prime Minister has promised, we will have more to say about specific projects soon and to bring it back to today, the Canadian Infrastructure Bank will be playing a key role in helping to unlock the financing needs to build large infrastructure projects across the country, including but not limited to projects of national interest. The Infrastructure Bank has already demonstrated great
value in its mission to build Canada strong. The cib's mandate allows us to take risks that the private sector alone would need to take more time to do. This helps us get big projects built, contributes to our GDP creates good paying jobs, boosts productivity, and moves US faster on behalf of all Canadians. This one hundred million dollar loan to Candy Rail to expand the rail capacity is a perfect example of the kind of investments Canada needs
more of. Through the cib's Trade and Transportation Financing tool, this investment will catalyze stronger, more efficient trade cords that help Canadian business stay competitive at home and abroad. This investment in the Sturgeon West Terminal is expected, as we heard, to double the terminal's capacity, adding up to twenty five hundred new rail car storage act spaces and up to one thousand and fifty spaces on arrival and departure tracks.
In addition, this investment will help to create up to fifty new local, good paying jobs right here in Edmonton and contribute to twenty two point three million annually of GDP for the area. Supporting strategically important rail corridors is essential to our strategy to build Canada strong. These corridors ensure Canadian commodities move quickly and efficiently to ports and global markets, reinforcing our reputation as a reliable trading partner
and allowing us to diversify our global customer base. I would like to take this opportunity to congratulate the Canada Infrastructure Bank and Canada Rail for achieving financial clothes on this project. By working together, you are significantly enhancing critical supply chain that will bring greater prosperity and economomic opportunity
in the West through a strong public private partnership. This is exactly the kind of progress our government is committed to delivering a stronger, more resilient economy that works for Western Canada and for all Canadians for not just the next four years, but the next forty years. Thank you very much, Mercy.
Thank you.
Minister is the miclife it is thank you. My name is John Kassola and I'm the candidate for Special Banks Chief Investment Officer. It's my extreme pleasure to be here today at Edmonton to join Minister Hodgson and Brian and the entire CANDO team to really celebrate the completion of a very important project. Minister, thank you for being here and for your continued support of the CIB, and thank you Brian for taking time away from a busy investor day.
We have been part of that since this morning so we know everything that's going on. Much appreciated. As a minister mentioned, the Candida Infrastructure Bank came to the table with one hundred million dollar investment for can Do and we recently closed the deal and there's work underway at the terminal. We saw that firsthand this morning when we got a tour. Fantastic to see lots of skilled trades
people are moving stuff around with big, heavy machinery. No sign of city slicker here and you can see the actual progress being made. At the end of the day, the new West facility means more haulage and storage capacity
for producers operating in the Alberta's industrial heartland. This is where I will I will straight from the script because a lot of it's already been said, but I do want to say that having listened to Brian and his investor presentations this morning, is very passionate, I think, in thoughtful remarks on can Do strategy to date, the success
they've achieved and the plans for future success. It really gave us a strong feeling that we made a very positive investment that's going to result in positive outcomes.
Because at the end of the day, what.
I'm convinced of after listening and speaking listening to and speaking with management, touring the facility, learning more firsthand about their operations, it's pretty evident to me that a strong and successful can do means strong and successful companies in Alberta's industrial heartland, means jobs, means strength to the economy. At the end of the day, all of that means
it's good for Canada. So anything we could do to help accelerate the timeline means getting goods to market faster in a more economical and efficient way, and that's just a win for everybody. So thank you again for involving us in the proceedings today, and we look forward to touring the terminal again when it's completed.
Thank you. Okay, I'll take that. So, actually it's a combination of both.
Were totally frank with you.
So when you look at the it was a delay on their investment, which was for internal reasons if you read the public statements in that sense. We looked at it and they made a decision to delay it for two years. I don't want to get into confidential information or anything along that line, but I do see it as a delay of two years. So push aside all the plastic pellets that they wish to send up through Prince Rupert and everything else along that line we can export.
There are other customers, Imperial Oil itself, Suncore Pamena is right next door. When I look at Fort Saskatchewan and Sturgeon County, when I look at the possibility of a blue hydrogen location being built there. So when we map through it, and I think, this is what's most important, and this is where most people forget. Our infrastructure is minimum fifty years and really truly it's here for one hundred years. Publicly traded companies may do things for quarterly
statements and everything else. We're a private company. We look at it and we say we're here for forty or fifty years. So while there's a delay, that's fine. We work through that delay with that particular customer the other customers. And what's interesting is when we make our financial decisions, it is what is my payback, when is it coming in? How can I work through it? So my financial team,
my commercial team has already worked through that. Yes, the cib loan did help de risk the project in that sense, but still it will be customer paid for in the next X number of years. Whatever XS in that sense, did they answer you a question. I'll hand that off to John for his internal thank you thanks.
It's an interesting question. We actually engaged with can DO some time ago. We knew what they were doing. We realized the importance of these types of facilities and wanted to do more to help where the help was needed.
Emphasis on where the help was needed. So we engaged in some discussions with the can Do team, and at the time that was before the Dow decision to delay it, and so effectively we came to the mutual decision that there was really no need for that kind of help from the Government of Canada and from CIB because the Dow contract would essentially have paid for it and didn't need us, and our mission is to basoft to where there's a need, and so we all agreed that didn't
make sense in that case. Fast forward to Dow's decision. All of a sudden, you heard Brian talk about de risking there They're then said his decision was, we can delay this thing for another two years, or we can take a little bit of a risk that it'll come on and hopefully the candidate Infrastructure Bank will help us with that and in the meantime, serve the existing customers where there's existing demand and lots of room for expansion.
So that's the risk that was created by the delayed decision, and that's when we stepped up to try and be helpful. I hope that answers your question.
That was.
So I I learned a long time ago. I don't I don't keep my job if I get out ahead of my boss. A reporter has reported something. You haven't heard that from the government. You have not heard that from the federal government. I'm not going to get out in front of my boss.
A lot of words, I mean.
Stute, So I want to be clear. I'm not going to comment on whether there's a pipeline on the list tomorrow or not. What I can tell you is that all of the premiers and the Prime Minister are committed to growing Canada. We have talked extensively, starting back in Saskatoon at the First Minister's Conference, about a whole range of projects to build Canada strong. It covers everything from rail roads, ports, renewable energy, conventional energy. I could keep going.
We have to focus, ladies and gentlemen. We're in a hinge moment. The United States has decided to change the way the world trades. We are going to integrate into the global economy. We have to respond to that. We didn't ask for this trade war, but we need to respond to this trade war. And that's exactly what we're doing by taking our destiny into our hands. A project like this is the perfect example. I've been coming to Alberta for business for thirty five years. This is the
most entrepreneurial place in the world. There are more people figuring out how to do business around here than anywhere else I've ever been.
This is a can do place.
And I think you said your motto isn't this is just a name, It's an attitude. That is an attitude in this province. Because another country decides to disrupt the economy, because another country decides to charge for access to their market, we're not going to let them slow us down. So when you have a project to do that, somebody else's
actions is causing a disruption. If we can step in with a solution that gets that built, so Alberta can get on with doing more, and instead of having forty companies in the heartland, have sixty companies or eighty companies that's what we're going to do.
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