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Results: 136 - 150 of 174
View Rhéal Fortin Profile
BQ (QC)
Is it fair to say that the WE foundation had no financial history when it signed the contract with the federal government?
Marc Kielburger
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Marc Kielburger
2021-03-15 15:12
The contract was with the WE Charity Foundation specifically because of liability, but it was going to be WE Charity that was going to implement the program and of course had very significant—
View Rhéal Fortin Profile
BQ (QC)
Sorry, Mr. Kielburger. I don't mean to cut you off, but I have a limited amount of time.
I asked whether it was fair to say that the WE foundation had no financial history when it signed the contract with the federal government.
Marc Kielburger
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Marc Kielburger
2021-03-15 15:12
Sir, that's correct, but the reason—again—we signed the contract with that entity is because of the request from ESDC to take on liability, but—
Marc Kielburger
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Marc Kielburger
2021-03-15 15:14
Are you inquiring about WE Charity or the WE Charity Foundation?
Marc Kielburger
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Marc Kielburger
2021-03-15 15:14
Sir, there seems to be a problem with the translation. Are you requesting this regarding the WE Charity or the WE Charity Foundation?
View Rhéal Fortin Profile
BQ (QC)
Mr. Chair, I can't be any clearer. I am talking about the WE foundation. Is there an issue with the interpretation?
Craig Kielburger
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Craig Kielburger
2021-03-15 15:14
My apologies. We can hear you clearly now. Thank you.
The WE Charity Foundation returned in total all the funds transferred to it from the federal government, and WE Charity absorbed the $5-million loss—
View Rhéal Fortin Profile
BQ (QC)
Thank you.
I gather, then, that no member of the federal public service did any due diligence on the WE foundation's financial situation before the contract was signed, to your knowledge.
Marc Kielburger
View Marc Kielburger Profile
Marc Kielburger
2021-03-15 15:15
Again, I understand your question. Please feel free to ask ESDC that question. We were very transparent with them.
View Rhéal Fortin Profile
BQ (QC)
All right, but in your opinion, to your knowledge, were any inquiries made? Did they ask you any questions about it?
Results: 136 - 150 of 174 | Page: 10 of 12

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