Progressive Planet Solutions Inc V.PLAN

To Those Still Sitting On The Fence

[phantom666]

SDTC Funding to restart -

June 27, 2024 - OTTAWA, ON —SDTC welcomes the decision by the Government of Canada to lift the suspension on funding approvals. We are deploying all available resources to ensure that Canadian cleantech companies are able to access the funding they need as soon as possible. We will resume processing all existing applications in our pipeline and will reopen for new applications in the coming weeks.

SDTC has a proven track record of delivering positive environmental and economic outcomes for Canadian cleantech companies for over twenty years. We look forward to the next chapter in our evolution as part of the National Research Council. There are significant synergies between our respective mandates, and we will work to ensure this transition is a seamless as possible for the companies we serve.

This is why projects are at least 10 months behind!

The Auditor General of Canada found that Trudeau has turned Sustainable Development Technology Canada (SDTC) into a slush fund for Liberal insiders. This follows a secret recording of a senior civil servant who slammed the “outright incompetence” of the Trudeau Government, calling the SDTC’s actions “a sponsorship-scandal level kind of giveaway.”

The Auditor General found that the SDTC had “awarded funding to projects that were ineligible, [and where] conflicts of interest existed.” In total, $123 million worth of contracts were found to have been given inappropriately, with $59 million being given to projects that never should have been awarded any money at all.

On top of this, the Auditor General discovered that conflicts of interests were connected to approval decisions. As a consequence of this, nearly $76 million of funding was awarded to projects where there was a connection to the Liberal’s friends appointed to roles within SDTC. While $12 million of funding was given to projects that were both ineligible and had a conflict of interest.

In fact, the Auditor General discovered that long-established conflict of interest policies were not followed in 90 cases. In one instance, Trudeau’s handpicked SDTC chair siphoned off $217,000 to her own company.

The Auditor General made it clear that the blame for this scandal lies directly at the feet of Justin Trudeau’s Industry Minister, Francois-Phillipe Champagne, who “did not sufficiently monitor” the contracts that were being awarded to Liberal insiders. Champagne utterly failed in his duty to protect the Canadian taxpayer.

[winnerswing]

Even with the stellar news of multidevelopments today, it still drives me crazy. Price still refuses to climb. Rarely a stock has caused me stress like that . RARELY!

[82Supra]

I think it's a wait and see on Financials.  I too am frustrated and way overweight in this