eco trust

Wed, 2007-12-05 14:38Kevin Grandia
Kevin Grandia's picture

A Climactic Scandal? Harper Government Cannot Account for $1.5 billion in Climate Change Funds

Yesterday at a meeting of the Standing Committee on Environment and Sustainable Development, Canada's Minister of the Environment waffled about heavily and refused to provide a full accounting of the government's $1.519 billion Canada Eco Trust Fund for Clean Air and Climate Change.

This follows on criticism two weeks ago of the Eco Trust by the government's Auditor General, Sheila Fraser, who stated:

We are deeply concerned about very large transfers being made purportedly for certain purposes. But when you look at the actual agreements there are absolutely no conditions requiring the recipient to use the moneys for the purposes being announced.”

Lacking the oversight guaranteeing that monies provided to the provinces will be spent appropriately is bad enough, but even worse it appears the government cannot even account for monies spent to date.

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