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Finance committee Yes, on June 30 we did receive $30 million. We have returned $22 million of those funds. We are in the process of working with the government—
August 13th, 2020Committee meeting
Scott Baker
Finance committee We're in the process right now of working as quickly as we can with the government to return it. They're driving the process. The funds are currently in bank accounts, not earning any interest and not accessed in any way.
August 13th, 2020Committee meeting
Scott Baker
Finance committee The agreement was with the WE Charity Foundation. As a result, the transfer was to the WE Charity Foundation.
August 13th, 2020Committee meeting
Scott Baker
Finance committee Since receiving the money on June 30, it has not been touched.
August 13th, 2020Committee meeting
Scott Baker
Finance committee We do have a very active board of directors that is engaged in the organization, and we meet on a regular basis. At no point, over our history, has the board of directors raised any concerns about the registration as lobbyists.
August 13th, 2020Committee meeting
Scott Baker
Finance committee The WE Charity Foundation does not have any employees anywhere in Canada.
August 13th, 2020Committee meeting
Scott Baker
Finance committee We don't have this information readily in front of us at this point. We're happy to take this away and provide that number.
August 13th, 2020Committee meeting
Scott Baker
Finance committee What I can share is that throughout our history as an organization we've often had 12 to 15. As a result of the pandemic, we have had to realize that decrease that includes our offices in Vancouver and Montreal—
August 13th, 2020Committee meeting
Scott Baker
Finance committee The process of returning those funds is being guided by the government. In all honesty, if we could send it back tomorrow, we would, but we have to follow the process as outlined by ESDC, given that there was an agreement in place, and we're going through the process of finalizin
August 13th, 2020Committee meeting
Scott Baker
Finance committee In all honestly, we never felt we had a full green light until we had an agreement signed. However, we understood that to deliver a program launched in mid-June would require us to build that program in the months of May and June. We undertook those efforts. When the contribution
August 13th, 2020Committee meeting
Scott Baker
Finance committee Thank you for the question. I don't know if there was an agreement signed. I do know that National PR was one of the many vendors that we were looking to engage to be able to scale the program across the country.
August 13th, 2020Committee meeting
Scott Baker
Finance committee I was not part of the conversation with National, so I can't comment on that.
August 13th, 2020Committee meeting
Scott Baker
Finance committee In terms of the process determining that it should be a contribution agreement, I would have to refer it to the government. We were proud to be asked. As a Canadian organization, born and raised, with experience coast to coast, engaging 7,000 schools, we wanted to be helpful in t
August 13th, 2020Committee meeting
Scott Baker
Finance committee As shared, we do have a national presence. We've worked with schools and the educational community across the country. In addition to that, we've been able to form partnerships with other not-for-profits because our program is actually very inclusive. The students in our program,
August 13th, 2020Committee meeting
Scott Baker
Finance committee In the same way that the contribution agreement was a process that took time, the ending of the contract is a process that takes time. That is being governed primarily by the government, and we are following that process. I can assure you and all Canadians that those funds are in
August 13th, 2020Committee meeting
Scott Baker