Mr. Speaker, the 14 fraud cases being investigated and a default rate by ACOA of 20% are simply not acceptable.
ACOA is not the only way the Liberal government wastes taxpayer money. It does that all over the country, not just at ACOA. According to the public accounts the three regional development agencies have written off over $300 million since 1995. Now the Liberals want to give ACOA another $300 million for the Atlantic innovation fund.
How could Canadians believe that ACOA would manage this fund any better than it has in the past?