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.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rob Shaw: Conservatives step in as Eby government dodges business leadersMissed meetings, slow responses raise questions about BC NDP's priorities
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Rob Shaw: Conservatives step in as Eby government dodges business leadersMissed meetings, slow responses raise questions about BC NDP's priorities
Source: PGCitizen - 🏆 65. / 51 Read more »

GST holiday will be a ‘nightmare’ say small business ownersSmall business owners say the federal government's plan for a two-month GST holiday will not only be a huge headache but will also cost them thousands of dollars.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Alberta small business owners react to possible end to Canada’s postal strikeSmall business owners in Alberta say Ottawa's latest move to try to force an end to the country's postal strike comes too late to save this year's holiday shopping season.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Winnipeg small business owners say they're scrambling, stressed ahead of GST holidayDavid Newsom of Hildegard's Bakery in Winnipeg is shown in a Thursday, Dec. 12, 2024, photo.
Source: CBCNews - 🏆 2. / 99 Read more »

What to do when your small business goes viral for the wrong reasonsThe Globe and Mail offers the most authoritative news in Canada, featuring national and international news
Source: globeandmail - 🏆 5. / 92 Read more »