Kamloops-Thompson-Cariboo Conservative MP Cathy McLeod said she deplores the actions of Prime Minster Justin Trudeau in the SNC-Lavalin scandal.
Is she joking?
Some of us remember the real scandal, when then-prime minister Stephen Harper agreed to sell the reactor division of the country’s billion-dollar crown corporation, Atomic Energy of Canada Ltd., to the private firm SNC-Lavalin Inc.
Canadian taxpayers weren’t guaranteed any money from that sale.
SNC-Lavalin gave the Harper government $15 million and the Harper government gave SNC-Lavalin $75 million.
Canadian taxpayers ended up paying $60 million for the privilege of no longer owning that chunk of Atomic Energy of Canada Ltd., while SNC- Lavalin got the lion’s share of the nuclear technology company’s $1.1 billion worth of assets — including land, buildings and tools.
We, on the other hand, were stuck with all of Atomic Energy of Canada Ltd.’s $4.5-billion worth of liabilities.