The money belongs solely to taxpayers, so...

...we have a right to know where it was spent, who it was spent on and why it was dolled out? (i.e details of the agreement) Period.

Which is why I mirror what Canadian Taxpayers Federation Director John Williamson said about the $21.4 million pension plan bailout:

"trying to use the law to deflect questions and deny taxpayers have a right to know how this money's being spent.[...] The government's defence is "completely outrageous" because it could have dictated the terms of the deal, or change the law. [...] When governments offer up that kind of money to a private entity or any group, they could easily demand full disclosure be given to taxpayers as a condition of receiving that money. That it didn't do so speaks volumes about the appropriateness of this financial transfer. [...] If New Brunswick taxpayers are going to be on the hook to top up pension funds they have a right to know the details of the agreement."

Moreover, it would seem the spring thaw the pension plan issue has brought one New Brunswick PC MLA out of longtime hibernation (source Telegraph Journal): "Conservative Kirk MacDonald demanded more information on the issue, and called for an overhaul of the Pension Benefits Act - so taxpayers can see the bail out details."