Innovation, Science and Economic Development Canada has extended the investigation into the funding agency that provides capital for early-stage cleantech companies to the end of July
to review allegations of conflict of interest and financial mismanagement at Sustainable Development Technology Canada have extended their probe to pore over more documents and conduct additional interviews, the federal ministry in charge says.companies, is the target of a fact-finding review.
“Additional time is required to ensure that all of the relevant facts are obtained as they relate to each allegation,” ministry spokesman Sean Benmor said in an e-mail. “This will require RCGT to review additional documents and conduct further interviews prior to reporting its findings to ISED.” The documents were among those used to support the allegations that prompted the third-party probe, according to sources connected to the complainants. The Globe is not identifying the sources because they are not authorized to discuss the matter while it is being investigated.
SDTC supports entrepreneurs developing products dealing with a range of environmental issues, including climate change, the circular economy, deforestation and energy efficiency.Office and the Auditor-General’s office, said they were made aware of the allegations, the latter as far back as last fall. It referred the matter to appropriate authorities, said Vincent Frigon, spokesman for the Auditor-General.
Tasks also include choosing and working with a third-party internal auditor and making sure the organization is meeting targets for diversity and inclusion, as well as supporting flexible and remote-work arrangements.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ottawa launching review of Canada’s membership in China-led development bankCanadian staffer of Asian Infrastructure Investment Bank resigned Wednesday, saying bank dominated by Beijing’s Communist Party
Read more »
Evening Update: Ottawa to review Canada’s membership in China-led development bankAlso: Poilievre calls for Mendicino’s resignation after he said he was “shocked” by the transfer of Paul Bernardo to a medium-security prison
Read more »
Canada a ‘dumping ground’ for products made by forced labour, Ottawa promises crackdown - National | Globalnews.caSeamus O'Regan Jr. made the announcement to mark the United Nations annual World Day Against Child Labour, meant to raise awareness about forced labour practices.
Read more »
Canada halts activity at Asian development bank, looks to review its membershipFinance Minister Chrystia Freeland says Canada will halt all government-led activity at the Asian Infrastructure Investment Bank after a Canadian citizen tendered his resignation from the financial institution.
Read more »