Ottawa suspends $1B green fund after receiving whistleblower complaint
Ottawa has frozen the activities of a federal foundation that finances the development of green technologies after receiving a report that criticized its management of public funds.
Sustainable Development Technologies Canada (SDTC) is in the middle of a five-year agreement with the federal government to distribute $1 billion to small and medium businesses in the clean tech sector.
The decision to suspend the organization’s ability to distribute its funding was announced on Tuesday by Innovation Minister François-Philippe Champagne.
