Dollars for Donuts

pink_sprinkled_donut

From the Globe and Mail,

Stephen Harper’s Conservative government announced they’d pony up $190,000 for Mrs. Dunster’s Donut of New Brunswick. The money, for a cold-storage freezer, is supposed to help the doughnut-maker sell more doughnuts. It is part of a string of small funding announcements the government has been making since Parliament closed shop two weeks ago.

It only takes one member of caucus to bend the minister’s ear to deliver some half-baked dough to his or her riding, but how about some caucus support for the principles of fiscal restraint and staying out the marketplace? The government should not indulge in picking winners and losers. Of course, this donut example is but a small example of a larger problem. Bailouts and corporate welfare have become too common in our system.

This has to stop.

No more pinko donuts from the government bakery.

UPDATE: Some think it would be fair to point out that this is a loan from the government. This is still outside of the market and one not underwritten by any bank.

  • wilson

    And the rest of the story,
    it’s a REPAYABLE loan to assist Dunster’s expansion into the US markets.

    ‘…the Government of Canada is providing a repayable contribution of $190,000 toward the project, while Mrs. Dunster’s is investing an additional $190,000…’

    http://news.gc.ca/web/article-eng.do?nid=610409

  • Liz J

    There’s a hole in more than the donuts on this one.  Why do they need to expand to the US market when that market is already saturated with donuts with large butt evidence to show for it, donuts are not healthy.

    It’s early days in the Majority Conservative mandate and already they’re acting like Liberals. 

    Another example is James Moore and his Heritage file, not too happy with his performance to date either. Another CBC suck and we’re the suckers paying the bill.

  • Emmy

    Cute donut. Where can I get one?

  • Liz J

    That donut screams “Party Time” which was fitting after the election of a Conservative majority, now we need a more conservative plain old donut  with the policies to match.

  • Liz J

    We better see this government start acting like Conservatives fiscally. With Rae on his Bob’s Your Uncle trek across the country he may try to grab onto  some of the more conservative  policies to gain some ground, they are quite desperate.

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