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Commons Committee Unanimously Votes for Trudeau Foundation to Be Studied by Auditor General
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Auditor General to Conduct Study on Trudeau Foundation as Commons Committee Provides Unanimous Support

TruthUSA


The House of Commons public accounts committee unanimously voted to order the auditor general to investigate the original $125 million endowment granted to the Trudeau Foundation over 20 years ago, which was partly used to buy Chinese stocks flagged for security risks.

“I would like that the auditor general, within her powers, look into the original agreement with the government of Canada which gave $125 million to the Trudeau Foundation,” said the motion’s sponsor, Bloc Québécois MP Nathalie Sinclair-Desgagné, on Sept. 21, as reported by Blacklock’s Reporter.

By a 10-0 vote, the MPs on the committee passed the motion asking the auditor general to “investigate the funding agreement between the Government of Canada and the Pierre Trudeau Foundation for the Humanities and Human Sciences Fund, particularly in regard to the Foundation’s compliance with its obligations under this agreement and under the relevant Canadian legislation.”

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Back in 2002, Parliament approved a $125 million taxpayers’ endowment to help the foundation conduct its core operations.

The Trudeau Foundation, which describes itself as “an independent and non-partisan charity,” provides financial support to scholars for doctoral research in a number of themes in the social sciences and humanities arena through its scholarship, mentorship, fellowship, and public interaction programs.
“We’re at $145 million, up from [the] originally $125 million,” testified the foundation’s board chair, Edward Johnson, before the same committee on June 8. He said the foundation invests the endowment and uses the investment return to fund its activities, adding that “any excess … goes back into the endowment.”
The foundation operates “in tight compliance with our funding agreement,” he said.

Earlier Requests for Audit

On April 13, BQ Leader Yves-Francois Blanchet had requested an audit

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