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Finance committee  Greg, do you want to respond?

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  It was $13 million, but there was $10 million due in this current year.

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  It would be a Canadian bank.

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  I think it's as Mr. Angus talked about, that when you're not registered as a lobbyist, you can fly under the radar. When you're not an officer or a director of an organization, a charity or a for-profit, there is no reporting requirement by the auditors. The auditor must report t

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  Mr. Sorbara, please call me Kate.

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  I'd love to answer that question, but could I just ask, when did we make a call wrong, in your reference—

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  Our research report stands. There were 28 charges of error on our part. We went through extensive legal on that. The error was in my very rude comment on a radio show calling them a swear word. I apologized for that and I paid for that mistake, but there was absolutely nothing in

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  Sorry, my [Inaudible--Editor] laptop. I hope the CRA is not used as an attack dog.

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  Blame [Inaudible--Editor] if my connection is unstable.

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  In 2019 the audited financial statements were posted on the WE Charity website, and we believe that due diligence starts with the audited financial statements. It would be clicking, receiving those documents, and reading through them.

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  Can I just correct one thing about the board of directors? That was not public information, and it only came out on Twitter that the board had resigned in June, so we were not aware of that material information. It was not posted on WE Charity's website. I understand that we ge

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  Greg can answer.

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  Yes, we've been in contact regularly with WE Charity management at least once a year, multiple times during the year on the impact side, going back and forth and getting information. With WE Charity, when the government grant was announced, we were trying get the order to finan

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  I think WE Charity is very sophisticated. I believe—and I've asked others who have greater expertise—that if you go through its regulatory filings, it ticks all the boxes. At Charity Intelligence, in our analysis, we use different data. We use audited financial statements, which

August 6th, 2020Committee meeting

Kate Bahen

Finance committee  I'm not sure which charity they were doing the due diligence on. Was it WE Charity, or was it WE Charity Foundation? If you look for WE Charity Foundation, it doesn't have a website. It doesn't have financial statements, and it doesn't even have a T3010A. If the government was do

August 6th, 2020Committee meeting

Kate Bahen