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Public Accounts committee  Yes, Ms. Sinclair‑Desgagné.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  In the case of payments related to COVID‑19, there were two payments, the first in 2020, and the second in 2021. For the one in 2020, 118 projects were approved in a single vote, and in 2021, 102 projects were approved.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  For the Seed component, the projects were grouped together. So there was a vote on a large number of projects in the Seed component, not a vote for each of these projects.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  As explained in the report, the process for the Seed component was different from the others. It was a decision made by the foundation. In our opinion, this decision meant that the approval process no longer complied with the obligations of the contribution agreement.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  There were 194.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  The 194 projects were not approved all at once.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  I can't tell you, but, from memory, I'd say there were about fifteen.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  Maybe the foundation has this information, but, from memory, I'd say there were about 15.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  There were 12 components; it's written in the report.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  We put the question to the foundation's director and management team. The amount was $100,000. This is a relative assessment of the amount of money that is disbursed and the time required to approve the process. That's what the directors and management team told us.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  Risk assessment is lower when disbursing $100,000 than when disbursing a few million dollars. It was therefore decided that the board should devote its time to the larger projects, where the risks were potentially greater.

June 20th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  The companies that had been reviewed by this individual were in our sample. We reviewed them, but we did not expand the work with this person in mind. We looked at what was in the sample. The two companies you're talking about were in the sample, so this is how we picked up on the situation.

June 20th, 2024Committee meeting

Mathieu Lequain

June 20th, 2024Committee meeting

Mathieu Lequain

June 11th, 2024Committee meeting

Mathieu Lequain

Public Accounts committee  This is cabinet confidence, so I cannot share this information. You would have to ask the department.

June 11th, 2024Committee meeting

Mathieu Lequain