Tag Archives: Auditor general

Member’s Statement: Failure: Financial Assistance to Business

Mr. Speaker, the Auditor General’s report on ATCON contained some remarkable evidence about the failure of government financial assistance to business to create jobs.  The Office of the Comptroller evaluated $300M provided to 130 companies.  Of the 13 companies that received more than $5M, 10,358 net jobs were targeted to be created, but only 2 were actually created.  Of the […]

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Member’s Statements: ATCON- Job Creation?

Mr. Speaker, the Auditor General’s report on ATCON contained some remarkable evidence about the failure of government financial assistance to business to create jobs.  The Office of the Comptroller evaluated $300M provided to 130 companies.  Of the 13 companies that received more than $5M, 10,358 net jobs were targeted to be created, but only 2 were actually created.  Of the […]

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