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TPC audit finds corporate welfare failures and opaque reports
The Canadian Taxpayers Federation audits Industry Canada’s Technology Partnerships Canada and decries a 3 percent repayment rate on 947 million in loans since 1996. It notes bias toward Quebec, March budgeting, missing annual reports since 1998 99, and high per job costs. The federation calls for winding down TPC and broader tax cuts and deregulation instead.
MENTIONED IN THIS ARTICLE
CTF
Industry Canada
Technology Partnerships Canada
TPC
Ottawa
Who's Who
Canada
John Manley
Brian Tobin
Allan Rock
Quebec