Wynne-ers 'Laughing Stock' For Losing Millions On Sale

Locutus

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Jun 18, 2007
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The derp and fail is strong in these arrogant pricks.

TORONTO — Newly released public documents show the Ontario government paid consultants and lawyers $6.5 million to advise them on the sale of a Crown agency that sold for only $6 million.

The documents show the Liberal government lost $61 million when it sold Ontera, the telecommunications arm of the Ontario Northland Corporation, to Bell Aliant.

The Public Accounts report states "a loss on disposal of shares of Ontera" of almost $61 million and that the "the government provided a one-time contribution of $52,092,000 to support the sale" of the Crown corporation.


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Ontario PCs Call Liberals 'Laughing Stock' For Losing Millions On Sale