Full transcript of Mark Cosens’ response to whereabouts of $40,000 city improvement loan


Full transcript from segment of Dan Reith’s Politically Speaking taped in early April dealing with $40,000 community improvement loan received by mayoral candidate Mark Cosens.

Dan Reith: “Yourself or a company controlled by you received a $40,000 community improvement loan from the city which, subsequent to the bankruptcy filing, still remains outstanding and owing to the city. Is that true?”

Mark Cosens:”That is something I’m really not able to talk to in a sense it wasn’t a decision I made. It was a decision made by the city, without my involvement in that decision and I don’t think that’s something that can be held against me for running for mayor because of that.

“It’s something that hasn’t been fully disclosed at this point in time either. So, that may get cleared up as well. At this point in time, It’s hard to say what that might do to my bid.”
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Fate of the $40,000 city grant nothing but a kerfuffle


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In what surely has to be one of the oddest television interview segments in some time, Dan Reith, host of Politically Speaking, sat opposite Mark Cosens earlier this month and deftly forced the mayoral wannabe into damage control mode.

The bombshell question from Reith that had Cosens backpedaling furiously came right out of left field, as follows.

“Yourself, or a company controlled by you, received a $40,000 community improvement loan from the city which, subsequent to the bankruptcy filing, still remains outstanding and owing to the city. Is that true?”

What followed is nothing short of a Gray Line Mystery Tour, starting with this opening rebuttal from Cosens.

“That is something I’m really not able to talk to in a sense it wasn’t a decision I made. It was a decision made by the city, without my involvement in that decision and I don’t think that’s something that can be held against me for running for mayor because of that.

“It’s something that hasn’t been fully disclosed at this point in time either. So, that may get cleared up as well. At this point in time, it’s hard to say what that might do to my bid.”
Continue reading