Discussion · Oral Questions
Greg McLean Conservative
“The government gave a $20-million lease to a struggling space company, and Liberal insiders got rich by selling their shares right after. I want the minister to explain who will be held responsible for this.”
“Mr. Speaker, before the member goes too far defending this boondoggle, let me refer him to the publicly disclosed documents. A year ago, the spaceport’s auditor indicated it was near bankruptcy. Nothing indicated the potential windfall of a $20-million lease with the government. Overpaying is one thing. Gifting $20 million to one’s friends is an egregious abuse of taxpayer trust: Liberal insiders selling their shares for millions of dollars after the minister’s giveaway. The securities commission will have to investigate. Will the minister tell us who he thinks is going to be left standing when the music stops?”
Official Hansard
Mr. Speaker, before the member goes too far defending this boondoggle, let me refer him to the publicly disclosed documents. A year ago, the spaceport’s auditor indicated it was near bankruptcy. Nothing indicated the potential windfall of a $20-million lease with the government. Overpaying is one thing. Gifting $20 million to one’s friends is an egregious abuse of taxpayer trust: Liberal insiders selling their shares for millions of dollars after the minister’s giveaway. The securities commission will have to investigate. Will the minister tell us who he thinks is going to be left standing when the music stops?