Feds get top Teddy award for wasteful spending

By: The Canadian Press

 | Feb 26, 2014 - 11:44 AM |

OTTAWA - The federal government has been given a dubious award for spending millions of tax dollars to promote a job grant that doesn't yet exist.

The Canadian Taxpayers Federation is awarding its Teddy Award for wasteful federal spending to Employment and Social Development Canada.

Former Toronto Pan-Am Games CEO Ian Troop wins the provincial award for getting a salary of over $550,000 while overseeing an event that is $1.1 billion over budget.

Vancouver's TransLink gets the municipal award for building a $4.5 million parking lot that almost no one uses.

This is the 16th year that the awards have been announced by the CTF to highlight the waste of tax dollars.

The awards, which are a small pig statues, are named for Ted Weatherill, a former federal appointee who was fired in 1999 over his expense claims, which included a $700 lunch for two.

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