A report says FedNor, the federal development agency for northern Ontario, is slow to approve projects and fails to measure its long-term effectiveness.The study by an independent consultant in Winnipeg says it takes an average of six months to get a green light on a project.
The Industry Canada program has spent at least 150 million dollars in the region since 2006.
Prairie Research Associates found that every job created or maintained under the program cost taxpayers about 52-hundred dollars.
The analysis also shows the administration of the program eats up more than one of every five dollars spent.
