Pandemic business loan program lacked ‘value for money’: auditor general

  • 📰 CHEK_News
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 55%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The small business loan program the federal government rolled out during the COVID-19 pandemic wasn't managed with 'due regard for value for money,' auditor general Karen Hogan said Monday.

Auditor general Karen Hogan is seen during a news conference in Ottawa on Monday, Dec. 2, 2024. THE CANADIAN PRESS/Adrian Wyld

Hogan said while Export Development Canada, which was responsible for the program, acted quickly to get the loans out, it relied on sole-source contracts and a single vendor without strong checks and balances. The auditor general’s report outlined the example of a call centre that was set up to provide information about the loan program.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 59. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Pandemic business loan program lacked 'value for money': auditor generalThe Canada Emergency Business Account program lent 898,000 small businesses $49.1 billion to help cover expenses such as rent and payroll during the pandemic.
La source: BurnabyNOW_News - 🏆 14. / 77 Lire la suite »

Pandemic business loan program lacked 'value for money': auditor generalThe Canada Emergency Business Account program lent 898,000 small businesses $49.1 billion to help cover expenses such as rent and payroll during the pandemic.
La source: timescolonist - 🏆 15. / 75 Lire la suite »

Pandemic business loan program lacked 'value for money': auditor generalThe small business loan program the federal government rolled out during the COVID-19 pandemic wasn't managed with 'due regard for value for money,' auditor general Karen Hogan said Monday.
La source: CTVNationalNews - 🏆 82. / 51 Lire la suite »

Pandemic business loan program lacked 'value for money': auditor generalThe Canada Emergency Business Account program lent 898,000 small businesses $49.1 billion to help cover expenses such as rent and payroll during the pandemic.
La source: PGCitizen - 🏆 65. / 51 Lire la suite »

Genetic evidence backs up COVID-19 origin theory that pandemic started in seafood marketA group of researchers say they have more evidence to suggest the COVID-19 pandemic started in a Chinese seafood market where it spread from infected animals to humans. The evidence is laid out in a recent study published in Cell, a scientific journal, nearly five years after the first known COVID-19 outbreak.
La source: CTVNews - 🏆 1. / 99 Lire la suite »