Mr. Moore is talking about waste under the Trade Routes program. If there is an issue, it relates to departmental management of the program. The $2 million given to artistic companies produce enormous financial spinoffs. That money allows them to explore new opportunities and organize missions abroad, in order to secure contracts. The PromArt program was there to shore up budgets or applications aimed at seeking additional revenue streams. Based on the study we conducted, every dollar invested by Canada yielded spinoffs of $5.50. Also, the program allowed companies to stay afloat and maintain jobs.
On March 9th, 2009. See this statement in context.