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SQCRD and Seafood program	Seed Money or potential debt?
	Seafood and BioToxin have been able to draw a lot of grant $ into the community (graphs of SQCRD budget Item 5 “industrial development”

Beldessi in his paid press release claims Seafood was not a good investment of taxpayers $

While the budget items graphed include more than the Seafood, it is the major item.

(see the expenditures graph below)

One sees steady growth thru 1999 and then a decline. Federal and provincial grant $ are the main sources with BC share decreasing faster.

These graphs tell us little about 2002 and whether SQCRD was foolish in terminating their arrangement with Seafood and Biotoxin.

Could these programs continue good work? Or had the election of provincial Liberals made them superfluous?

closing = “closing surplus/ deficit”