$1 billion loan by Export Development Corporation to Vale Inc. of Brazil

Scrap $1 billion Vale ‘Loan’: Taxpayers Federation

By Kevin Gaudet —— Bio and Archives--October 4, 2010

Canadian News, Politics | Comments | Back To Full Article

TORONTO: The Canadian Taxpayers Federation (CTF) is calling on the federal government to scrap a $1 billion loan announced today by Export Development Corporation to Vale Inc. of Brazil. CTF Federal Director, Kevin Gaudet, said “if corporate welfare worked at creating jobs, every Canadian would have two by now. This loan should be scrapped and fast”.

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