Financial Assessment: Nova Scotia Jobs Fund

Nova Scotia Jobs Fund: In his fall report released today, Jacques Lapointe says he found examples within the Nova Scotia Jobs Fund of unsecured loans and loans that were approved without any financial assessment, according to CTV. He says inaccurate information was also provided to cabinet where funding decisions were made and HALIFAX -- Nova Scotia's auditor general says a cabinet-controlled business loans program that distributed hundreds of millions of dollars lacks monitoring and accountability and is not well managed. Lapointe says in some instances, employment and salary targets in final agreements were lower than those used to assess the project's economic benefits. (www.immigrantscanada.com). As reported in the news.