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David Raymond Amos @DavidRayAmos
#nbpoli#cdnpoli
https://www.cbc.ca/news/canada/new-brunswick/francophonie-games-quebec-sherbrook-host-1.5004889
Marguerite Deschamps
@David Amossomething you never learned.
Marguerite Deschamps
Ken Parker
Dan Lee
David Amos
There's a growing push for Sherbrooke or another city in Quebec to host the 2021 Francophonie Games in the wake of New Brunswick cancelling its plans for the event.
Opposition Liberal members of Quebec's National Assembly and at least one municipal councillor in Sherbrooke say the province should step in to ensure the games go ahead.
"This is a chance for Quebec to show that its leadership in the Francophonie goes beyond business deals," said MNA Paule Robitaille.
The province's new Coalition avenir Québec government, meanwhile, is waiting to hear from the city and the federal government first.
Coalition MNA Gilles Bélanger told Radio-Canada on Monday that the province would evaluate the idea only after the two other levels of government weigh in. He also said the government wants to avoid getting caught up in cost overruns.
In 2016 Sherbrooke lost out to the New Brunswick bid to host the games in Moncton and Dieppe.
At the time New Brunswick won the right to host, the province estimated the cost at $17 million. That had soared to $130 million last year, though the organizing committee said last week it had reduced the amount to $62 million.
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David Raymond Amos @DavidRayAmos
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David Raymond Amos @DavidRayAmos
https://www.cbc.ca/news/canada/new-brunswick/francophonie-games-quebec-sherbrook-host-1.5004889
Pressure grows on Quebec to host Francophonie Games
Comments
Content disabled.
Marguerite Deschamps
Marguerite Deschamps
The comment starting a thread containing a French insult about hotdogs etc went "Poof" when I refreshed the page but the the replies were still available
David Amos
Marguerite Deschamps
@David Amossomething you never learned.
Marguerite Deschamps
Quebec will get the federal funds now. Happy?
daryl doucette
@Marguerite Deschamps No they wont. They wont touch it. No kick backs now, too much media.
Lewis Taylor
@daryl doucette
They will have very successful games with millions in spin-offs and we will again be the laughing stock of the planet.
They will have very successful games with millions in spin-offs and we will again be the laughing stock of the planet.
Cleve Gallant
@Marguerite Deschamps yuppie I’m happy, And what makes you think that the poor excuse for a Prime Minister we got will fund these games, The last i heard Que, is still part of Canada and sock boy only gives our money to other countries !!!!!
Harold Benson
@Marguerite Deschamps Help thyselves.
Cleve Gallant
@Lewis Taylor The reason why we’re the laughing stock of the planet as you say is because we let a few minority’s like SANB getting away with their ridiculous demands!!!!!
David Amos
@Marguerite Deschamps "Quebec will get the federal funds now. Happy?"
Happy Happy Happy
Happy Happy Happy
Marguerite Deschamps
@David Amos, good for you given that it does not seem to be happening to you and your cohorts too often.
Ralph Carson
@David Amos me too. Could not be happier.
David Amos
@Marguerite Deschamps You insult folks freely but your words go "Poof" once you are bagged N'esy Pas?
@David Amos "Methinks you SANB people sure know how to win friends and influence people N'esy Pas?"
@Marguerite Deschamps "something you never learned."
@David Amos "Methinks you SANB people sure know how to win friends and influence people N'esy Pas?"
@Marguerite Deschamps "something you never learned."
Ken Parker
Someone should put this sham sporting event out of its misery and kill it. The world can get by fine without it.
Lewis Taylor
@Ken Parker
All games should go...including Commonwealth...Sports and culture are ridiculous waste of time and money....Bingo, poker and MMA those events are what we should focus on.
All games should go...including Commonwealth...Sports and culture are ridiculous waste of time and money....Bingo, poker and MMA those events are what we should focus on.
Harold Benson
@Lewis Taylor I was thinking that " Stoner games" would be something new to try now that pot is legal. Probably surprise you.
David Amos
@Harold Benson Methinks Sam should advise you to back away from the pipe for awhile N'esy Pas?
Dan Lee
Why do people care what they do....you are worse than nosey neighbors..........mind your bees wax.......
David Amos
@Dan Lee Methinks everybody loves the circus N'esy Pas?
David Amos
Surprise Surprise Surprise
"Opposition Liberal members of Quebec's National Assembly and at least one municipal councillor in Sherbrooke say the province should step in to ensure the games go ahead"
"Opposition Liberal members of Quebec's National Assembly and at least one municipal councillor in Sherbrooke say the province should step in to ensure the games go ahead"
David Amos
@David Amos "Methinks Mayor Steve Lussier is wise N'esy Pas?"
"Sherbrooke, Que. also bid to host the event with a budget of $50 million. Steve Lussier, the city's mayor, told Radio-Canada the city has no interest in taking over hosting the event."
https://www.cbc.ca/news/canada/new-brunswick/francophonie-games-spending-cities-province-1.5000154
"Sherbrooke, Que. also bid to host the event with a budget of $50 million. Steve Lussier, the city's mayor, told Radio-Canada the city has no interest in taking over hosting the event."
https://www.cbc.ca/news/canada/new-brunswick/francophonie-games-spending-cities-province-1.5000154
Pressure grows on Quebec to host Francophonie Games
Opposition politician, Sherbrooke councillor say Quebec should step in after New Brunswick pullout
There's a growing push for Sherbrooke or another city in Quebec to host the 2021 Francophonie Games in the wake of New Brunswick cancelling its plans for the event.
Opposition Liberal members of Quebec's National Assembly and at least one municipal councillor in Sherbrooke say the province should step in to ensure the games go ahead.
"This is a chance for Quebec to show that its leadership in the Francophonie goes beyond business deals," said MNA Paule Robitaille.
The province's new Coalition avenir Québec government, meanwhile, is waiting to hear from the city and the federal government first.
In 2016 Sherbrooke lost out to the New Brunswick bid to host the games in Moncton and Dieppe.
At the time New Brunswick won the right to host, the province estimated the cost at $17 million. That had soared to $130 million last year, though the organizing committee said last week it had reduced the amount to $62 million.
CBC News
The Francophonie Games mess, explained
Last week Premier Blaine Higgs said the ballooning cost of the games, and the federal government's refusal to shoulder more than half that expense, made it impossible to go ahead. He said the province would honour its original $10 million commitment but no more.
Sherbrooke's bid in 2016 was $52 million. Last week Christine St-Pierre, another Quebec Liberal MLA and the former cabinet minister who led the bid, said the city's submission was "perfect" and everything needed for the games was already in place.
Radio-Canada reported Sunday that the city lacks an artificial soccer field and a gymnasium, but city councillor Vincent Boutin said the games would be an opportunity to modernize local facilities.
The day Higgs cancelled the province's hosting, Sherbrooke Mayor Steve Lussier said he wasn't interested in trying to move the games to his city. He said the financial risk was too much for the new Quebec government to support.
But Boutin said Sherbrooke should not pass up the opportunity.
"This is a chance that won't come around a second time," he said.
He noted the Francophonie's international games committee is meeting Feb. 14 and 15 to decide what to do after New Brunswick's cancellation.
Federal International Development Minister Marie-Claude Bibeau, who represents a Sherbrooke-area riding, said Ottawa would consider a request to relocate the games to the city or another Quebec municipality but would wait to hear from the city first.
Sherbrooke's municipal council is to meet Monday to discuss the issue.
Sherbrooke's bid in 2016 was $52 million. Last week Christine St-Pierre, another Quebec Liberal MLA and the former cabinet minister who led the bid, said the city's submission was "perfect" and everything needed for the games was already in place.
Radio-Canada reported Sunday that the city lacks an artificial soccer field and a gymnasium, but city councillor Vincent Boutin said the games would be an opportunity to modernize local facilities.
But Boutin said Sherbrooke should not pass up the opportunity.
"This is a chance that won't come around a second time," he said.
He noted the Francophonie's international games committee is meeting Feb. 14 and 15 to decide what to do after New Brunswick's cancellation.
Federal International Development Minister Marie-Claude Bibeau, who represents a Sherbrooke-area riding, said Ottawa would consider a request to relocate the games to the city or another Quebec municipality but would wait to hear from the city first.
Sherbrooke's municipal council is to meet Monday to discuss the issue.
With files from Brigitte Marcoux
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David Raymond Amos @DavidRayAmos
https://www.cbc.ca/news/canada/new-brunswick/francophonie-games-spending-cities-province-1.5000154
David R. Amos
David R. Amos
Harold Benson
George Smith
maude windsor
Matt Steele
michael levesque
Joe campbell
Harold Fitzgerald
Mark Deckard
Graeme Scott
Jim Cyr
David Peters
Heather Wilkins
https://www.cbc.ca/news/canada/new-brunswick/shippagan-caisse-bailout-could-have-been-avoided-ag-1.941042
"Auditor General Mike Ferguson released the 53-page report on Tuesday that also said a handful of senior managers at the caisse populaire covered up financial problems.
The Liberal government bailed out the northern caisse populaire in 2007 with a $37-million grant and another $16.5-million in guarantees."
https://www.cbc.ca/news/canada/new-brunswick/up-to-60m-to-go-to-shippagan-s-credit-union-1.641566
"Boudreau wouldn't say how much of that $60 million will be injected into Shippagan's credit union or whether it's a grant, a loan or a loan guarantee.
John Williamson from the Canadian Taxpayer Federation said New Brunswickers should pay close attention to the $60 million set aside, because it's roughly the same amount they'll be paying in tax increases in 2007."
"I'd want to know why taxes are going up to pay for bailouts, as opposed to having governments spend money in priority areas," Williamson said Thursday.
"Governing is all about making choices and prioritizing spending. In this case, we have a government which has obviously decided that saving a credit union is worthwhile, despite the fact that no one from the province seems able to explain why it's in the province's interest, or why it's in the taxpayer's interest, to be spending this kind of money."
Opposition critic Bruce Fitch said he wants details now on how the province plans to save the credit union. "Sixty million dollars is a substantial amount of money and I'd like to know exactly what it is going to be used for,"
At least $2.55M spent on scuttled Francophonie Games
Comments
Commenting is now closed for this story.
Commenting is now closed for this story.
David R. Amos
Welcome back to the circus folks
David R. Amos
"Sherbrooke, Que. also bid to host the event with a budget of $50 million. Steve Lussier, the city's mayor, told Radio-Canada the city has no interest in taking over hosting the event."
Methinks Mayor Steve Lussier is wise N'esy Pas?
Methinks Mayor Steve Lussier is wise N'esy Pas?
daryl doucette
@David R. Amos The mayor knows the gig is up, the expenses would be scrutinized if they took it, therefore no benefit for the politicians there so take a pass.
David R. Amos
@daryl doucette Methinks it has a lot to do with the upcoming federal election and who is the Premier of Quebec as well N'esy Pas?
Harold Benson
We wasted a ton more money than that on Atcon and NB power, and a myriad other back scratches.
David Barker
@Harold Benson Who benefitted financially?? Where was the money spent?
David R. Amos
@David Barker Exactly
George Smith
@David R. Amos
@George Smith Methinks the scam should be investigated by the RCMP before we are compelled to pay any fines N'esy Pas?
There has to be a crime committed to involve the RCMP. It was stopped in time and we don't need to spend more money on inquires. It's over and the taxpayers won.
@George Smith Methinks the scam should be investigated by the RCMP before we are compelled to pay any fines N'esy Pas?
There has to be a crime committed to involve the RCMP. It was stopped in time and we don't need to spend more money on inquires. It's over and the taxpayers won.
David R. Amos
@George Smith Methinks there is a matter of 2.65 million loonies spent on the scam as they tried hard to help a former Governor General win a second term overseeing the Francophonie dudes while was being questioned about her expenses N'esy Pas?
https://www.cbc.ca/radio/asithappens/as-it-happens-monday-full-episode-1.4680886/micha%C3%ABlle-jean-under-fire-over-expenses-as-she-heads-into-francophonie-election-1.4680891
https://www.cbc.ca/radio/asithappens/as-it-happens-monday-full-episode-1.4680886/micha%C3%ABlle-jean-under-fire-over-expenses-as-she-heads-into-francophonie-election-1.4680891
maude windsor
what a croc all of this is....new brunswick tax payers to both federal and provincial governments are in high percentage english only speakers......new brunswick is not quebec...francophones of quebec ilk have destroyed the acadian communities because of the chric charge........most of these francophonie games countries are dictotorships not democracies....NB would be better off actually supporting the NB athletes in their drive to the olympics......francophonie games are silly and only a way to pay for non democratic french speaking (or not) bureaucrats to find jobs.
Dan Lee
@maude windsor
Huh?
Huh?
David R. Amos
@Dan Lee Methinks lots of folks understood Madame Windsor quite well N'esy Pas?
Roland Godin
@maude windsor
Would you agee, dans les deux langues officielles, voters have a preference electing the most likely to mismanage public policies, administration, resources and finances...EH!/Voilà.
Would you agee, dans les deux langues officielles, voters have a preference electing the most likely to mismanage public policies, administration, resources and finances...EH!/Voilà.
Fred Brewer
@Roland Godin
I agree it is time to vote Purple or Green. No more Red or Blue.
I agree it is time to vote Purple or Green. No more Red or Blue.
David R. Amos
@Fred Brewer Methinks there are few Independents whom deserve a little consideration as well N'esy Pas?
Google "Fundy Royal Debate" if you truly care
Google "Fundy Royal Debate" if you truly care
Matt Steele
Another 2.5 MILLION funneled into the pockets of Brian Gallant and his back room buddies ; yet the SANB controlled Liberal Party remains tight lipped about it . The Liberal Party knew well in advance of the election that the costs had ballooned to 130 MILLION for the Francophonie Games , yet NOT A WORD was mentioned about it during the election.....I guess it must have slipped Brian Gallants mind . Meanwhile schools go begging in the community so children can have a little drink of milk , and a slice of toast in the morning before class . Welcome to N.B. ; Canada's " ONLY " officially bilingual province !
David R. Amos
@Matt Steele Cry me a river
Roland Godin
@Matt Steele
Would you agee, dans les deux langues officielles, voters have a preference electing the most likely to mismanage public policies, administration, resources and finances...EH!/Voilà.
Would you agee, dans les deux langues officielles, voters have a preference electing the most likely to mismanage public policies, administration, resources and finances...EH!/Voilà.
David R. Amos
@Matt Steele "Welcome to N.B. ; Canada's " ONLY " officially bilingual province"
Methinks I should ask you the obvious question once again N'esy Pas?
Do you or anyone else have any idea why I sued Her Majesty the Queen in 2015 while running for a seat in the 42nd Parliament?
Methinks I should ask you the obvious question once again N'esy Pas?
Do you or anyone else have any idea why I sued Her Majesty the Queen in 2015 while running for a seat in the 42nd Parliament?
michael levesque
Ha Ha Rob McKees's expensive was more A TRUE LIBERAL
Fred Brewer
@michael levesque
This is not a sentence. Can you please clarify what you are trying to say?
This is not a sentence. Can you please clarify what you are trying to say?
David R. Amos
@Fred Brewer Methinks Mr Levesque finds it funny that the lawyer Mr Mckee spent more money on the same trip N'esy Pas?
Joe campbell
Let the public see the receipts for the 2.55 million. Gallant and his friends are acting like an ostrich , put your head in the.ground and hope the problem goes away.
David R. Amos
@Joe campbell I agree
Harold Fitzgerald
If French and English are equal in NB then NB has no business supporting games for the French only.
David R. Amos
@Harold Fitzgerald They claim everybody can play since we all had to pay
Mark (Junkman) George
@David R. Amos
Maybe so.......... but why would you?
Maybe so.......... but why would you?
Mark Deckard
Why wasn't Sherbrooke selected first to begin with? They had the highest bid.
David R. Amos
@Mark Deckard Methinks you should ask Dominic Leblanc and Brian Gallant N'esy Pas?
Mark Deckard
@David R. Amos
Maybe the RCMP should ask them instead?
Maybe the RCMP should ask them instead?
David R. Amos
@Mark Deckard Scroll down and you will see that I agree
Graeme Scott
I would love to know the total annual cost to New Brunswick for maintaining a separate membership in this organization when Canada is already a member. I'm pretty sure we don't have our own memberships in the IOC, the Commonwealth Games committee , the Pan American Games committee etc etc. Why the Francophonie?
daryl doucette
@Graeme Scott 4 big letters can answer your question Mr. Scott...SANB. Just that simple.
David R. Amos
@daryl doucette YUP
Jim Cyr
With all due respect to the international body and its "possible consequences", it can go take a flying leap.
$3.5 million is a LOT less wasted money than $130 million (or even $60 million).
Higgs has guts.
$3.5 million is a LOT less wasted money than $130 million (or even $60 million).
Higgs has guts.
David R. Amos
@Jim Cyr Methinks Mr Austin forced Mr Higgs keep his word much to the chagrin of his Heritage Minister Mr Gauvin N'esy Pas?
David Peters
Other typical liberal dealing are in the news today...
"The prosecution dropped 14 other charges, including forgery, conspiracy and fraud."
https://www.cbc.ca/news/politics/snc-lavalin-contracts-angus-1.5003135
https://www.canadianconsultingengineer.com/engineering/consortium-wins-544-million-contract-for-trans-canada-highway-project-in-new-brunswick/1000037970/
"The prosecution dropped 14 other charges, including forgery, conspiracy and fraud."
https://www.cbc.ca/news/politics/snc-lavalin-contracts-angus-1.5003135
https://www.canadianconsultingengineer.com/engineering/consortium-wins-544-million-contract-for-trans-canada-highway-project-in-new-brunswick/1000037970/
David R. Amos
@David Peters Methinks its strange that New Brunswick continues to do business with the dudes from Quebec
https://www.cbc.ca/news/canada/new-brunswick/new-brunswick-winter-storm-continues-1.4986290
Particularly after bickering with them in the past N'esy Pas?
https://www.cbc.ca/news/canada/new-brunswick/snc-lavalin-accuses-n-b-of-micro-managing-bridge-project-1.1287208
https://www.cbc.ca/news/canada/new-brunswick/new-brunswick-winter-storm-continues-1.4986290
Particularly after bickering with them in the past N'esy Pas?
https://www.cbc.ca/news/canada/new-brunswick/snc-lavalin-accuses-n-b-of-micro-managing-bridge-project-1.1287208
Heather Wilkins
In 2018, the Canadian federal government has given OIF (Organization International Francophonie) over $25 million. Not sure what the Province of New Brunswick has given them, but will definitely find out! I wonder what our return on investment is on the $25 million for 2018?
daryl doucette
@Heather Wilkins The same as the "Atcon" investment, zippy f'in cola.
Dan Lee
@Heather
Maybe the same as Ontario gave for 50 millions for gazeboes
Maybe the same as Ontario gave for 50 millions for gazeboes
David R. Amos
@Dan Lee Methinks we will never forget the gazebo that Mr Harper and Mr Clement built at our expense N'esy Pas?
https://www.cbc.ca/newsblogs/politics/inside-politics-blog/2010/06/the-g8-g20-and-a-gazebo-worth-gazillions.html
https://www.cbc.ca/newsblogs/politics/inside-politics-blog/2010/06/the-g8-g20-and-a-gazebo-worth-gazillions.html
Roland Godin
@Heather Wilkins
And to the monarch queen loving minority some 100$M plus...eh!/voilà.
And to the monarch queen loving minority some 100$M plus...eh!/voilà.
daryl doucette
" Its not clear what is happening to the committee".....?? Well, OBVIOUSLY, if the " Games" are cancelled, the " Committee" is cancelled as well. Off to pogey land you go folks!! And as far as paying a penalty for extra expenses, I hope Mr. Higgs passes that bill over to the liberal party of New Brunswick, or whats " left" of it.....
David R. Amos
@daryl doucette Methinks they are hanging around and waiting for their golden handshakes N'esy Pas?
daryl doucette
@David R. Amos oh for sure. None of those " inner circle" people will ever be on the dole. They will simply move on to another posh appointment.
Pierre LaRoches
@daryl doucette These Liberals will fight tooth and nail to stay at the trough. They won't concede untilt he last penny is wrung from our pockets to theirs.
David R. Amos
@daryl doucette Of that I have no doubt
Shawn McShane
if we are lucky the "consequences" will be a 50 year suspension from ever hosting the games again, if we are really lucky we get a trifecta, the Olympics and Common Wealth Games won't touch us either.
David R. Amos
@Shawn McShane Heres hoping
John Valcourt
well any amount spent is peanuts to the amount they tried to screw the tax payers out of if the games would have went ahead. I think their needs to be an inquiry as to the amount and where it was going.
David R. Amos
@John Valcourt I concur
Bernard McIntyre
If the penalty of payment for cancelling the games are extravagant then maybe the Comite' international dex jeux de la Francophonie should be investigated as why they choose Moncton and Dieppe over Sherbrooke Que. since they had a superior bid.
David R. Amos
@Bernard McIntyre YUP
George Smith
2.5 million is peanuts to what was going to be spent. It's money well spent to end this fiasco. I doubt it will be the end figure, but as long as it's not too much more it'll be better than the money they tried to dupe the taxpayers out of.
David R. Amos
@George Smith Methinks the scam should be investigated by the RCMP before we are compelled to pay any fines N'esy Pas?
Alex Butt
"hat municipal spending includes $8,309.10 spent by Dieppe before the bid was accepted to wine, dine and lobby the international body. Moncton spent $5,196.21 during that period. " What a crock and waste of our hard earned tax dollars. Simply disgusting. Sounds just like the corrupt international olympics! Time to put an end to such corruption and hold them and the politicians that allow this accountable!
David R. Amos
@Alex Butt YUP
Aaron Allison
We need to have a Independent Investigation into this matter by the AG and give her full power and Money to get it done.
David R. Amos
@Aaron Allison Methinks it should be investigated by the RCMP rather than another politician N'esy Pas?
Paul Bourgoin
Premier Higgs,
The Handling of the “Games of La Francophonie", the Provinces positioning is evidence of what needs to be done to properly manage New- Brunswick Finances. Now that the Province is tightening the Economic Belt, another leaking account should be the handling and management of our Crown Lands Forest. The Province has practically taken all our law enforcement eyes out of our forest by laying-off most of our the Rangers and Biologists, closing most of all our DNR offices from where our forest management command posts were situated for the protection of our most valuable resources, our Forest, our Fish, Our Wildlife, Our Tourist Dollars which were generated by this natural New Brunswick wonder which by the way generates more money, jobs and tourists Dollars then Forestry does annually This once Labeled “Picture Province” should be managed to sustain what made New Brunswick a world sought-after treasure. As a Senior New Brunswick I would love to see New Brunswick Residents benefit from our Picture Province tourism aspect of Home and especially Knowing that it benefits all Residents not only a few Powerful Individuals.
The Handling of the “Games of La Francophonie", the Provinces positioning is evidence of what needs to be done to properly manage New- Brunswick Finances. Now that the Province is tightening the Economic Belt, another leaking account should be the handling and management of our Crown Lands Forest. The Province has practically taken all our law enforcement eyes out of our forest by laying-off most of our the Rangers and Biologists, closing most of all our DNR offices from where our forest management command posts were situated for the protection of our most valuable resources, our Forest, our Fish, Our Wildlife, Our Tourist Dollars which were generated by this natural New Brunswick wonder which by the way generates more money, jobs and tourists Dollars then Forestry does annually This once Labeled “Picture Province” should be managed to sustain what made New Brunswick a world sought-after treasure. As a Senior New Brunswick I would love to see New Brunswick Residents benefit from our Picture Province tourism aspect of Home and especially Knowing that it benefits all Residents not only a few Powerful Individuals.
David R. Amos
@Paul Bourgoin "As a Senior New Brunswick I would love to see New Brunswick Residents benefit from our Picture Province tourism aspect of Home"
Me Too
Me Too
Roland Godin
The bigger picture, for whatever reason, electing the most likely to mismanage public policies, administration, resources and finances, for a couple of generations, is a prefered pass time...eh!/voilà.
David R. Amos
@Roland Godin Mais Oui
Emery Hyslop-Margison
There needs to be some kind of public inquiry into this debacle. Gallant admitted during a radio interview he was "friends" with members of the organizing committee, but this situation, he argued, was pure happenstance. Let's peel back the layers here and determine what actually took place. 2.5 million dollars of tax payer money wasted is far too much money to simply sweep under the carpet. I'm sure the RCMP would be willing to investigate to determine if there was illegal wrongdoing.
josephgallant
@Emery Hyslop-Margison
So was 50 million to Acon, but, they just won't stop it, and the big ??? is.....
WHO will?
So was 50 million to Acon, but, they just won't stop it, and the big ??? is.....
WHO will?
David Peters
@Emery Hyslop-Margison
Breach of trust...it's written all over this thing.
Breach of trust...it's written all over this thing.
David R. Amos
@josephgallant Methinsk we should not forget that the late Auditor General Mike Ferguson's investigation of the Caisses Populaire de Shippagan nonsense was ignored N'esy Pas?
https://www.cbc.ca/news/canada/new-brunswick/shippagan-caisse-bailout-could-have-been-avoided-ag-1.941042
"Auditor General Mike Ferguson released the 53-page report on Tuesday that also said a handful of senior managers at the caisse populaire covered up financial problems.
The Liberal government bailed out the northern caisse populaire in 2007 with a $37-million grant and another $16.5-million in guarantees."
https://www.cbc.ca/news/canada/new-brunswick/up-to-60m-to-go-to-shippagan-s-credit-union-1.641566
"Boudreau wouldn't say how much of that $60 million will be injected into Shippagan's credit union or whether it's a grant, a loan or a loan guarantee.
John Williamson from the Canadian Taxpayer Federation said New Brunswickers should pay close attention to the $60 million set aside, because it's roughly the same amount they'll be paying in tax increases in 2007."
"I'd want to know why taxes are going up to pay for bailouts, as opposed to having governments spend money in priority areas," Williamson said Thursday.
"Governing is all about making choices and prioritizing spending. In this case, we have a government which has obviously decided that saving a credit union is worthwhile, despite the fact that no one from the province seems able to explain why it's in the province's interest, or why it's in the taxpayer's interest, to be spending this kind of money."
Opposition critic Bruce Fitch said he wants details now on how the province plans to save the credit union. "Sixty million dollars is a substantial amount of money and I'd like to know exactly what it is going to be used for,"
Rosco holt
@David R. Amos
The problem with the caisse populaire is the government body who was suppose to "police" banking institutions didn't do their job and uncover the frauds that the management of the caisse were doing until it was too late.
Many customers would have lost their life savings.
The problem with the caisse populaire is the government body who was suppose to "police" banking institutions didn't do their job and uncover the frauds that the management of the caisse were doing until it was too late.
Many customers would have lost their life savings.
Mack Leigh
From everything that I am reading this is nothing more than one big party at the taxpayers expense... The organizing committee , Gallant and his cohorts, both mayors, and anyone else involved should be hanging their heads in shame... The total disregard for the financial state that our province is in and the fact that many everyday people are in dire straits is mind-boggling...
David R. Amos
@Mack Leigh YUP
@Marguerite Deschamps "something you never learned."