NDP calls for a ban on corporate handouts to avoid another Atcon

FREDERICTON – NDP Leader Dominic Cardy welcomes the report from the Auditor General on the Atcon scandal and repeated his party’s position for a legislative ban on corporate welfare.

“This report finally highlights what we’ve all known,” Cardy said. “The Graham Liberals gave away $70 million of taxpayers’ money to Liberal insiders despite numerous efforts from expert civil servants warning them that Atcon was in financial ruin.”

“It isn’t a matter of if, but when there will be another Atcon,” said Cardy. “The Liberals and PCs have shown no willingness to implement any of the recommendations from the Auditor General. Instead, they seem more than happy to continue handing out taxpayer money to their well connected friends.”

“The blatant disregard for public money shown by the Liberals borders on criminal,” Cardy said. “The only way to even begin to make amends, is to implement the Auditor General’s recommendations and stop partisan corruption now.”

“Big handouts to corporations, many of which go bankrupt, do not create jobs for New Brunswickers,” Cardy said. “That’s why the NDP launched a petition to ban corporate welfare. Because New Brunswick deserves better.”