Member’s Statement: Failure: Financial Assistance to Business
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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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