Premier Greg Selinger claims the $2.1 million his government has paid for the road and hydro line into the Tim Horton Children’s Foundation Youth Leadership Camp is well spent (“Whiteshell Camp For Kids Taking Shape,” Winnipeg Free Press, Aug. 14).
Tim Hortons probably agrees. After all, the coffee giant did not have to use its resources. Its 2012 financial statements show it has $146 million in working capital, of which $120 million is cash. It also reports equity of $1.19 billion.