Mr. Speaker, my question is for the minister responsible for regional development in Quebec.
In his report tabled today in the House, the auditor general casts doubt on the ability of the Federal Office of Regional Development-Quebec to create sustainable jobs and revenues. In Quebec alone, since 1988 FORD-Q has spent $1.15 billion on businesses and organizations without first verifying their financial viability. Of 11 businesses examined, five had to close their doors before receiving the final government subsidy payment.
How does the minister explain that, in the midst of a public financial crisis, FORD-Q is incapable of awarding federal funding more judiciously? Why is it taking so long to put a stop to this endless wasting of taxpayers' money?