Common use of FINANCIAL ARRANGEMENTS AND SUPPORT Clause in Contracts

FINANCIAL ARRANGEMENTS AND SUPPORT. The Parties recognize that significant financial investment is required in the short, medium, and long-term if the Parties are to have any prospect of achieving the Shared Recovery Objective. The Parties further acknowledge that British Columbia and Canada bear the primary responsibility for providing or otherwise securing the necessary investment.

FINANCIAL ARRANGEMENTS AND SUPPORT. The Parties recognize that significant financial investment is required in the short, medium, and long-term if the Parties are to have any prospect of achieving the Shared Recovery Objective. The Parties further acknowledge that British Columbia BC and Canada bear the primary responsibility for providing or otherwise securing the necessary investment.