Madam Méthot, with the greatest of respect, I didn't accuse you of not recusing yourself. I simply cited a section of the SDTC act that is very clear:
no director shall profit or gain any income or acquire any property from the Foundation or its activities.
Yet four Cycle Capital companies received $10.4 million. I would submit that this is in violation of the act.
Don't take my word for it. I would cite paragraph 6.47 of the Auditor General's report which states:
...for the duration of a director’s term, a director buying or selling securities of an ultimate recipient—or being compensated by, or holding an investment in, an ultimate recipient receiving funding—risks not following subsection 12(2) of the act.
Those are the findings of the Auditor General. Are you disputing the findings of the Auditor General?