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My name is not Elaine
Part of this responsibility means looking at how the government spends your money on programs, projects and services to determine if there is value and results being delivered for taxpayers.
The opposition is also assisted in the work by journalists, who not only hold the government to account, but also the opposition —in fact all elected officials and all the citizens we represent.
One journalism organization that many Canadians outside of Ottawa may not have heard of is Blacklock's Reporter,
This fund falls under the responsibility of Navdeep Bains, minister of Innovation, Science and Economic Development.
For the record, I am the shadow cabinet critic for this ministry.
The results of this access to information data, as reported by Blacklock's, is alarming.
Publicly, the Trudeau Liberal government boasted that this program had lent a billion dollars and helped "to create nearly 56,000 jobs.”
Is this claim accurate?
No!
The access to information data reveals that, as of March 31, only 6,613 jobs have been created.
To put that figure into perspective, a total $1,051,716,827 in funding has been approved by the Trudeau Liberal government, meaning each job has cost the equivalent of more than $159,000 per.
Records further revealed that of the $1.05 billion, only about half, a total $566.4 million, is due to be repaid with just over 50% due to be repaid by 2041.
It has not been explained why there is a deficiency of over 49,000 fewer jobs then what has been publicly claimed.
My question this week:
- Do you feel that the Liberals billion-dollar Strategic Innovation Fund is meeting your expectations?
This article is written by or on behalf of an outsourced columnist and does not necessarily reflect the views of Castanet.
