Industry Minister tells ethics committee steps were taken to ensure SDTC was aligned with policies

François-Philippe Champagne, Canada's Minister of Innovation, Science and Industry speaks onstage ahead of the welcome photocall and family photo on Day 1 of the AI Safety Summit at Bletchley Park on Nov. 1, in Bletchley, England.

But ethics committee members questioned whether Mr. Champagne could and should have done more, including potentially firing executives or board members for issues flagged in an investigator’s report. In early October, Ottawa suspended funding for SDTC, following an investigation by Ottawa accounting firm Raymond Chabot Grant Thornton that found evidence of inappropriate fundingAt that time, Mr. Champagne said he took the findings seriously and would take immediate corrective action, including a funding freeze on new projects and a management plan for SDTC to fix the issues identified in the report no later than Dec. 31.

Clean technology groups have raised concerns about the funding freeze at SDTC, saying the agency plays a key role in supporting new ventures and is critical if Canada is to hit its target of net-zero emissions by 2050.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Compass Says It’s Well-Positioned to Face Real Estate Industry ChangeReal estate brokerage Compass Inc. said it’s well-positioned to negotiate any changes in the industry that may result from legal challenges to how agents are paid.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Canadian auto parts industry sounds alarm over Chinese investments in MexicoAuto Parts Manufacturers Association president says he’s worried that state-sponsored competition will end up costing Canadian auto parts makers profits and jobs
Source: globeandmail - 🏆 5. / 92 Read more »

UK Industry Calls on Hunt to Cut Business Taxes to Spur GrowthBritain’s leading business groups are calling on Jeremy Hunt to unlock investment with a mixture of tax cuts, improvements to the UK power grid and policies to address skills shortages when he unveils a package of economic measures later this month.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

UK Industry Urges Hunt to Cut Business Taxes to Spur Growth(Bloomberg) -- Britain’s leading business groups are calling on Jeremy Hunt to unlock investment with a mixture of tax cuts, improvements to the UK power...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Why tackling the global industry of fake Indigenous art is like playing 'whack-a-mole'First Nations artist Richard Hunt at his studio in Victoria, B.C on Thursday, June 30, 2022. Hunt has had images of his art used without his permission.
Source: CBC - 🏆 32. / 63 Read more »