Discussion · Government Orders

Dane Lloyd Conservative

“The government is terrible at investing public money. It put $55 million into a nuclear energy company that just failed and sold for only $11 million. Taxpayers rarely get their money back from these projects.”
Official Hansard

Madam Speaker, the Liberal government, for 11 years, has been the worst investor of any government in Canadian history. There is a litany of projects, but I just want to talk about one today. Moltex Energy Canada was purporting to make molten-salt nuclear reactors in New Brunswick. The Liberal government poured $55 million, taxpayer dollars, into this boondoggle. It just went into insolvency and has been sold off for $11 million. Can the member for Calgary Crowfoot talk about the government’s poor record of investment? It loves spending taxpayer dollars on its schemes, but taxpayers rarely ever get their money back.

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