B.C. Conservatives call for audit into bankruptcy of Small Business BC

The Conservative Party of B.C. is calling for an investigation into the bankruptcy of Small Business BC.

"We will have to get to the bottom of what exactly has happened here," Dew said in an interview with Black Press Media before the formal investigation call. "The fundamental question is when and how this happened." Available figures peg the combined provincial contributions to SBBC at around $10 million annually for core services and various programs, including support for businesses looking for export markets abroad as well programs supporting individuals with disabilities in the workplace.

"Is the government now scrambling to get free of the blast radius as issues come to life?" Dew said. According to the statements, the government funding partners received notice in late October of the financial difficulties facing SBBC, followed by an update about actions in November. The province then received notice of the bankruptcy filing on the day it happened: late Dec. 4.

Federal Emergency Minister Harjit Sajjan, responsible for the Pacific Economic Development Agency of Canada, said in a statement that his office is aware of SBBC's bankruptcy.

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