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PM's firm got more than $161 million (Cdn Politics) - Globe and Mail

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Screaming Lord Byron Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-04-04 09:38 AM
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PM's firm got more than $161 million (Cdn Politics) - Globe and Mail
Offshore oil deal worth $21.3 million U.S.; Massive accounting error dominates Paul Martin's first question period as PM

http://www.canada.com/montreal/montrealgazette/story.asp?id=A6091C5B-110E-4407-9908-B603867EAA76

The shipping company owned by Prime Minister Paul Martin's family received more federal money than the $161 million reported last week, including a share of $21.3 million U.S. in contracts with the Hibernia offshore oil project.

Canada Steamship Lines was subcontracted to ship the iron-ore ballast used to anchor oil-drilling platforms off the Newfoundland coast between 1994 and 1997. The contracts were awarded by the Hibernia consortium to Dutch engineering firm Hollande Aanneming Maatschappij, which in turn hired CSL.

None of the Hibernia subcontracts was included in last week's list of CSL contracts and contributions prepared by government House leader Jacques Saada.

Even without the Hibernia work factored in, the $161-million figure Saada unveiled was exponentially higher than the $137,000 estimate his predecessor, Don Boudria, tabled in the House of Commons last year in response to a question from Conservative MP James Rajotte.

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Hand Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-04-04 12:42 PM
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1. Geez...
So they were off by a little over 100,000 percent. Nobody's perfect...

:evilgrin:
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