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Old 02-07-2023, 03:13 PM   #4402
Northendzone
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fair enough. my general grumble about this is the optics of the government announcing $173 million to a company that seemingly pulls up stakes a little more than two years after the announcement.

maybe the question is did the government actually provide the promised money as i assume they do not roll into these announcements with a cheque in hand

it also looks clunky given this company is apparently located in the riding of a liberal MP who is the minister of the portfolio.

to me it has a similar feeling of the liberals buying all those ventilators (that were apparently never delivered) from a company connected to a former liberal MP

Quote:
Originally Posted by opendoor View Post
Well if a Blacklock's reporter says it, it must be true. Never mind the fact that the facility was announced in May of 2015, a time when the Liberals weren't in government and had only 7 seats in all of Quebec (all in the Montreal area). Or that the facility is located in the riding of Beauport—Limoilou which has been held by Bloc or Conservative MPs for the last decade and hasn't elected a Liberal in its history.

The 2020 funding was for an expansion to the under construction facility so it could produce COVID vaccines. The Strategic Innovation Fund (which is the program under which the facility expansion was funded) is normally a combination of loans and grants, and both of those tend to be conditional. So unless Innovation Canada significantly departed from their normal process, the grantee can't just not fulfill the project while keeping the money.
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