All posts tagged: House of Commons

Canada: What are they trying to cover up?

Canada’s Prime Minister, Justin Trudeau, set up the Canada Infrastructure Bank (CIB) in 2017 as a crown corporation, providing it with a budget of $35 billion to fund projects that are of public interest and would entice outside investors. But then members of the House of Commons came up with a crazy idea, they wanted to know how much money the crown corporation was paying in bonuses to its senior management. Often such requests are an indication that Canadian MPs have been hearing some rumours. Incredibly, this crown corporation owned by the taxpayers of Canada and run by the government of Canada is refusing to release that information. Which leads to the bigger question, what is the CIB trying to cover up? The Globe and Mail provides the details: The Canada Infrastructure Bank is refusing to disclose bonuses paid to executives despite a unanimous vote by MPs on a House of Commons committee calling for the amounts to be revealed. Members of Parliament on the standing committee on transport, infrastructure and communities, including Liberal MPs, …