Mr. Speaker, the new auditor general's report is out and it looks like the government is trying to outdo Rocky for bad sequels. This time it is the Department of Finance and the revenue agency that are starring in boondoggle four, revenge of the bureaucrats.
His report points out that $2 billion have been mismanaged by those two departments in the application of the scientific research and experimental development tax credit program. Why does the government think a $1 return for every $40 invested is a good return on taxpayer money?