Industry Canada is dampening expectations of how much the aerospace industry could reap from the troubled F-35 program, chopping more than US$2 billion off the Harper government’s estimate. A senior official told a House of Commons committee Thursday that Canadian companies can bid on as much as US$9.85 billion in production contracts for U.S.-built stealth fighter... The auditor general also said the rationale to cabinet for the numbers was unclear. “We found briefing materials prepared by departments for decision-makers and ministers did not explain the basis for the projections, or the consequent limitations involved in on those projections for decision-makers,” said Ferguson’s April 3 report, which set off a political fire storm. “Moreover, in the majority of cases, only the most optimistic scenario was put forward, rather than a range of potential benefits that reflected inherent uncertainties in the projections.”Relevant here, when Flaherty puts out a budget he routinely takes the "average" forecasting from economists, he draws from as wide as possible sampling to come to realistic targets. Why then did this government not use the same methodology to ascertain true benefits to Canada? Why did the Conservatives ignore data which foresaw a smaller benefit and instead knowingly mislead Canadians with the highest outlier opinion? The fact that Industry Canada has now revised the benefits downward in such SHORT ORDER after the AG report, a testament to the absurdity of former predictions, a confirmation that the figures were based on flimsy evidence. And YET, Canadians were routinely given these erroneous numbers, consistent with every deceitful and disingenuous presentation we've had with this plane. That industry benefits have been "revised" downward will get lost in the general haze here. But, we now have the amazing spectacle of a government actively misleading on the true costs of this aircraft, while simultaneously actively misleading on the true benefits to Canada, the concurrent sales pitches disturbing and unethical.
Snake oil salesman: Speech or writing intended to deceive .