Rumours are swirling that Atcon, the New Brunswick government's $50 million boondoggle, is on the brink of insolvency.
In addition, recent CBC stories claim suppliers are threatening lawsuits over unpaid bills.
Industrial Commercial Equipment Manufacturing of Winnipeg
If the rumours are true, Atcon will not survive the year.
This could be the best argument EVER to stop subsidizing businesses. It will be the poster boy for a generation. A shame it could cost $50 million dollars to teach our citizens the folly of bailing out failed businessmen and their political cronies.
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