Thank you so much, Mr. Chair.
We learned today that the Government of Canada signed a $900-million deal with a real estate holding company with no track record—just established—no history and no involvement in the charitable sector.
Why this agreement was signed—and due diligence must have been done by the finance minister's office to put this money through a real estate holding company—I find very troubling to consider.
Mr. Brown, I'd like to go back to you about the concerns that were raised by Charity Intelligence. I saw that WE had written a very aggressive rebuttal to Charity Intelligence, but they did not talk about Charity Intelligence's comments on the real estate deals, the fact that there were short-term on-demand loans with the banks that were causing a number of red flags.
I'm not any kind of forensic auditor, but a lawyer suggested to me that if you sign a deal through the real estate holding company, it would certainly stabilize the Kielburgers' real estate holdings with the bank, because they could say, “Look at the agreement we have.”
Would you suggest that this massive influx of money from the federal government would help the Kielburger operation maintain their real estate assets at this time of financial crisis?