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SDTC “Green” Fund or Trudeau’s Slush Fund? Public Accounts Committee Reveals Taxpayer Dollars Funneled to Liberal Insiders with No Accountability

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Ethics Commissioner Konrad von Finkelstein
The Opposition with Dan Knight

Public Accounts Committee reveals SDTC’s rampant conflicts of interest, lack of oversight, and millions in taxpayer dollars benefiting insiders—while Liberal MPs defend Trudeau’s “green” slush fund.

What happens when politicians promise “green energy” but deliver taxpayer-funded corruption? If you tuned in to Canada’s Public Accounts Committee this week, you found out. On the hot seat was Sustainable Development Technology Canada (SDTC), a bloated agency supposedly designed to fund sustainable technology but apparently also set up as a welfare program for ethically dubious board members.

Now, SDTC isn’t some fledgling startup or small-time charity. This agency is sitting on $330 million of your money – Canadian taxpayer money. And what did Canada’s Auditor General find in her investigation? An unbelievable 186 conflicts of interest. That’s not an organization with a few bad apples; that’s a systematic problem.

So why isn’t anyone doing anything? Here’s where it gets even more outrageous. Enter Ethics Commissioner Konrad von Finkelstein, a man whose entire job is to hold officials accountable for ethical breaches. Did he step up to expose the corruption in SDTC? Not really. Von Finkelstein told the committee that his role is simply to “expose” conflicts of interest, not to actually do anything about them. Think about that. Here’s a man whose salary is funded by taxpayers, and his job description basically amounts to reading out loud the names of people breaking the rules.

Conservative MP Michael Cooper wasn’t having it. Cooper laid it out for von Finkelstein, practically begging him to explain why only two out of dozens of SDTC board members were investigated. But von Finkelstein’s excuse? He couldn’t bother because – get this – the Auditor General had already done the hard work. If that sounds like passing the buck, it’s because it is. Canadians aren’t paying for an Ethics Commissioner to sit back and watch. They’re paying for an official who’s supposed to defend the integrity of public institutions. But that’s clearly not happening here.

Liberal Apologists at Work

Not everyone on the committee wanted answers, though. Some were too busy defending SDTC’s “noble” cause. Liberal MP Nathaniel Erskine-Smith practically bent over backward trying to downplay the whole thing. When Conservative MPs called SDTC a “green slush fund,” Erskine-Smith got indignant. He insisted that SDTC wasn’t a criminal organization and took offense at the term “slush fund.” Really? Because if funneling millions of public dollars into the hands of connected board members isn’t a slush fund, I don’t know what is.

Let’s call it what it is. While Erskine-Smith was busy defending SDTC’s “mission,” the committee heard exactly how that mission was carried out – through unethical, undisclosed conflicts of interest, with board members giving funds to companies they had direct financial ties to. And what did Erskine-Smith call this? Just a “few ethical lapses,” as if millions of taxpayer dollars being handed out without oversight is a minor paperwork error.

The Ethics Commissioner’s Toothless Office

Bloc MP Nathalie Sinclair-Desgagné and NDP MP Richard Cannings pressed von Finkelstein on his office’s glaring lack of oversight. Why was he investigating just two board members when nearly 200 conflicts of interest were flagged? His answer was almost laughable: His office couldn’t enforce anything, couldn’t recoup the wasted money, and couldn’t even stop the bleeding of taxpayer funds because his role is “limited.” Limited? That’s putting it lightly.

And here’s where it gets even more insulting. Von Finkelstein admitted that he wouldn’t coordinate with other agencies like the RCMP or the Auditor General to go after these ethical lapses. This office, which exists solely to enforce ethical standards, can’t or won’t go after those breaking them. It’s as if the Ethics Commissioner’s job is to stand back and announce that something unethical happened, only to shrug and do nothing about it. Can you imagine running any organization that way? Of course not – but in the Canadian government, this seems to be the new normal.

Auditor Testifies, and It’s Worse Than We Thought

Just when we thought the Ethics Commissioner’s testimony had exposed the worst of Canada’s green-tech “accountability” disaster, along comes Auditor General official Michel Bédard. You’d think with the staggering amount of taxpayer money SDTC has under its control, someone would be keeping tabs. But if today’s testimony proved anything, it’s that this agency has zero meaningful oversight, a culture that actively ignores conflicts of interest, and no one stepping in to protect Canadians’ hard-earned money.

So, here we go again. 186 conflicts of interest, millions in public funds granted to companies with ties to board members—SDTC is basically the Wild West of “green” government spending. And guess what? Just like the Ethics Commissioner, Bédard’s office can report on it, but he admitted they can’t actually do anything to stop it. All that money might as well be floating in a pool, with insiders diving in for their share.

The “Accountability” Problem: Michael Cooper’s Pointed Questions

Conservative MP Michael Cooper wasn’t here to play around. He honed in on the obvious question: if SDTC’s board members aren’t held accountable, what’s the point of an Auditor General report? Cooper pushed Bédard to explain why these SDTC board members weren’t facing any real consequences. Bédard’s response? His office doesn’t have the authority to penalize or recover funds—it’s all just for show. That’s the message, folks: this is a government program that “monitors” ethical breaches but has no teeth.

If you’re wondering why SDTC board members feel free to treat taxpayers’ dollars like a bottomless well, this is it. They know that nothing’s going to happen. Cooper hit the nail on the head when he called out the lack of deterrence, and Canadians ought to be asking: why are we funding oversight bodies that can’t actually hold people accountable?

Liberals Try to Soften the Blow—Iqra Khalid’s Flimsy Defense

Then, enter Liberal MP Iqra Khalid, swooping in with damage control. Her goal? To downplay this mess as if it’s all just a big misunderstanding. She floated the idea that SDTC’s ethical violations weren’t “intentional misconduct” but simply lapses in judgment, suggesting board members maybe didn’t “understand” conflict-of-interest rules. Are we supposed to believe that these seasoned board members—handling millions in taxpayer funds—just forgot their ethics training?

Khalid hinted that more “training” and “internal guidance” would fix things. Bédard’s subtle response was telling: yes, training is helpful, but let’s be clear, SDTC’s issues are deeper. It’s a cultural problem within an organization that has no incentive to follow the rules. Training can’t fix a system that fundamentally disregards ethical standards. Khalid’s attempt to sidestep accountability only underscored what’s really happening here—a refusal to impose consequences.

Nathalie Sinclair-Desgagné and Richard Cannings: Why Aren’t Taxpayers Being Compensated?

Bloc Québécois MP Nathalie Sinclair-Desgagné and NDP MP Richard Cannings brought up the most glaring issue yet: where’s the money? Taxpayers are funding SDTC, watching it go straight into the hands of conflicted board members, and yet, there’s no mechanism to get that money back. Sinclair-Desgagné demanded answers on why SDTC couldn’t recoup funds that were misappropriated due to these ethical lapses. Bédard’s response? The Auditor General’s office has no authority to force financial recovery, meaning SDTC’s board can make conflicted decisions with no risk of losing the cash.

Cannings and Sinclair-Desgagné went further, questioning whether anything less than legislative reform could solve this crisis. It was clear that these MPs understood the root of the problem: SDTC’s oversight is built on a house of cards, with taxpayer money at stake and no tools to hold anyone accountable. Canadians are effectively writing blank checks to a board of insiders who profit without consequences.

The Big Picture: A Culture of Entitlement and Zero Accountability

Michel Bédard’s testimony laid bare the sickening entitlement within SDTC’s leadership. This isn’t a minor oversight or an accidental misunderstanding—this is a systemic culture where people with a financial stake in the projects can vote themselves money, and no one bats an eye. Worse, the Liberal defense of SDTC is that because it has a “green mission,” its failures somehow don’t matter. They’re telling Canadians that as long as the organization’s purpose sounds virtuous, the rules don’t apply.

Let’s be real. No one believes that SDTC’s board members are unaware of basic ethics rules. These are people who sit in decision-making positions, who know full well the implications of conflict of interest. What’s happened here is that they’re taking advantage of a system that has no means of holding them accountable, and they know it.

What Canada Needs Now, Real Accountability, Not Empty Promises

The real takeaway from Bédard’s testimony? Canada’s so-called oversight framework is a farce. The Trudeau government has set up an accountability structure that looks good on paper but doesn’t stop the political class from dipping their hands in taxpayer money. If we want to see real change, Canadians need a complete overhaul of the system—one that actually empowers the Auditor General and Ethics Commissioner to take action and enforce consequences, not just to “report” and move on. Until that happens, SDTC will keep doing what it does best: functioning as a de facto slush fund for Trudeau’s elite insiders, where conflicts of interest are not exceptions but the rule.

Canadians deserve far better than a government handing out their tax dollars to political friends who think they’re untouchable. Michel Bédard’s testimony laid bare SDTC’s blatant failures, and it’s a moment of reckoning. Will any of these politicians rise above the corruption and demand real reform? Or will this testimony be just another chapter in the Trudeau government’s long saga of accountability failures?

Let’s get one thing straight: this isn’t about “green energy” or “sustainability.” Those are just fancy words bureaucrats use while they funnel public money to friends and business associates without a shred of oversight. And here’s the kicker—Liberal MPs want Canadians to think this is just a “misunderstanding” or, worse, that questioning it is somehow unpatriotic. It’s the Trudeau swamp at its finest: shut down accountability by slapping a green label on taxpayer-funded corruption and hoping no one notices.

Let’s face it: Sustainable Development Technology Canada isn’t operating in some dark corner of bureaucracy. It’s operating right out in the open, with the full backing of Trudeau’s government, while the Ethics Commissioner, the Auditor General, and Liberal MPs play the role of political apologists, doing everything they can to sweep this rot under the rug.

This committee session showed Canadians one thing loud and clear: they’re being lied to. Told that their money is supporting green technology, but instead, it’s being pocketed by insiders. SDTC, the Ethics Commissioner, the Auditor General—they’re not protecting Canadians. They’re protecting the interests of a political class that’s putting cronyism above the public good.

In a fair system, people would lose their jobs over this. Taxpayer money would be repaid. And those who let SDTC slip through the cracks would face consequences. But in Trudeau’s Canada, officials hide behind excuses, Ethics Commissioners wring their hands about “exposure,” and Liberal MPs get offended when we dare call corruption for what it is.

This isn’t “oversight.” It’s an insult to every Canadian who funds this government. It’s time to drain the Trudeau swamp, end the era of unchecked cronyism, and demand real, accountable governance. Canadians deserve nothing less.

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Trump to impose 30% tariff on EU, Mexico

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From The Center Square

President Donald Trump on Saturday said he will impose 30% tariffs on imported goods from the European Union and Mexico in his latest move to balance trade between the U.S. and other countries.

The tariffs are set to go into effect Aug. 1.

Saturday’s announcement comes a day after the U.S. Department of Treasury released a report Friday showing that tariff revenue helped revenue in the month of June exceed expenses by $27 billion.

“We have had years to discuss our Trading Relationship with The European Union, and we have concluded we must move away from these long-term, large, and persistent, Trade Deficits, engendered by your Tariff, and Non-Tariff, Policies, and Trade Barriers,” Trump wrote in the letter to the EU and posted on his Truth Social account. “Our relationship has been, unfortunately, far from Reciprocal.”

The 30% tariff on EU goods is higher than expected. EU trade ministers are scheduled to meet Monday and could agree to increase tariffs on U.S. goods as retaliation.

In his letter to Mexico, Trump said the U.S. neighbor to the south has helped stem the flow of illegal narcotics and people from entering the country but added that it needed to do more to prevent North America from being a “Narco-Trafficking Playground.”

Earlier in the week, Trump announced new tariffs on several other countries, including 20% tariffs on imports  from the Philippines; 25% on Brunei and Moldova; 30% on Algeria, Iraq and Libya; and 50% on Brazil.

All of the new tariffs announced this week are scheduled to go into effect Aug. 1.

• The Center Square reporters Therese Boudreaux and Andrew Rice contributed to this report.

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103 Conflicts and Counting Unprecedented Ethics Web of Prime Minister Mark Carney

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The Opposition with Dan Knight  Dan Knight's avatar Dan Knight

Brookfield. The PMO. Eurasia Group. One Green Agenda, Billions in Conflicts.

Well, it finally happened. After months of dodging questions and hiding behind vague platitudes about “climate leadership,” Prime Minister Mark Carney’s official conflict-of-interest screen has been released by the Ethics Commissioner—and what it reveals is nothing short of staggering. Not five entities. Not a dozen. One hundred and three. That’s how many corporate and financial interests Carney has quietly acknowledged are too conflicted for him to touch.

At the center of this web? Brookfield Asset Management, the $1 trillion global investment firm where Carney was Vice-Chair before walking straight into Canada’s top political office. The very same Brookfield that owns energy projects, pipelines, nuclear companies, real estate empires, carbon offset schemes you name it, they’ve got a piece of it. And now, they’ve got a former executive running the country.

We’re told it’s all perfectly legal. We’re told Carney has “recused himself.” But what this disclosure actually shows is something much bigger: a government captured by finance, a prime minister with deep, ongoing entanglements in the very sectors his policies now enrich, and a climate agenda that’s beginning to look a whole lot like a money-printing operation for the global elite.

The deeper one digs into Prime Minister Mark Carney’s ethics disclosure, the clearer the picture becomes: what’s been framed as a climate leadership story is, in reality, a tightly wound web of commercial interest wrapped in green rhetoric. The 103-entity conflict-of-interest screen, ostensibly a shield against impropriety, instead serves as a road map of how thoroughly Canada’s top political office is entangled in the global green finance complex centered around Brookfield Asset Management.

As of Q1 2025, Brookfield reports $125 billion in assets under management (AUM) in its Renewable Power & Transition segment, a figure representing 12.5% of its overall $1 trillion portfolio. This segment alone encompasses most of the entities on Carney’s ethics screen: nearly 60 out of 103, even after accounting for duplicates. These aren’t passive holdings they’re the very projects, technologies, and subsidy-eligible vehicles Carney once oversaw directly as vice-chair of Brookfield and as co-lead of its $15 billion Global Transition Fund.

Brookfield’s renewables portfolio is vast: over 41.8 GW in installed capacity globally across wind, solar, hydro, and storage, with a 200+ GW development pipeline. A significant portion of this is owned or operated through the same SPVs and subsidiaries now appearing on the conflict list. Notable entries include Scout Clean Energy ($1B), Urban Grid ($650M), and Standard Solar ($540M). These acquisitions were all completed while Carney was at Brookfield, and they continue to generate revenue from U.S. and Canadian subsidy frameworks programs now shaped by the very government he leads.

Brookfield Renewable Partners L.P., the sector flagship, holds approximately $95 billion in total assets and generated $315 million in funds from operations in Q1 2025 alone. The firm is planning to add another 8 GW in capacity this year expansion that is, in part, subsidized through the same green transition policies Carney has promoted both in office and as a climate finance advocate.

The line between public and private interest blurs even further when examining the entities categorized under the “energy transition” banner; nuclear, CCS (carbon capture and storage), and so-called e-fuels. Carney’s screen includes Brookfield’s recent $8 billion acquisition of Westinghouse Electric Company, a nuclear power behemoth now positioned to benefit from Canada’s federal nuclear incentives and SMR (small modular reactor) program. Other flagged investments like Entropy and Carbon TerraVault fall directly into carbon credit and offset schemes—markets heavily influenced by federal regulation and incentive design.

Let’s stop pretending. What we’re witnessing here isn’t just conflict of interest, it’s a complete merger of state power and corporate ambition, all dressed up in the language of moral urgency. The Ethics Commissioner’s so-called “screen” for Mark Carney? It’s a joke. A checklist. A bureaucratic fig leaf meant to reassure you that everything’s above board. But it’s not.

Because here’s the truth: Carney is policing himself. He’s supposed to recuse himself from decisions that benefit the 103 entities he’s tied to many of which he helped create or oversee as Vice-Chair of Brookfield Asset Management. But who decides if he’s in conflict? He does. Or more accurately, the PMO does. The same PMO now drafting Dominion Barton-style focus groups to figure out how best to sell you the green grift. There’s no third-party oversight, no transparency on what’s actually in his so-called blind trust, and no disclosure of the carried interest he may still be entitled to from Brookfield’s billions in funds.

Meanwhile, the policy levers of government are being pulled in exactly the direction Brookfield bet on. Wind, solar, carbon capture, nuclear, every so-called “transition” sector that Brookfield spent years buying into is now flush with green subsidies, ESG guarantees, and taxpayer-backed investment shields. This isn’t the free market at work, it’s a strategic payoff, engineered by someone who’s now running one of the most powerful G7 economies.

And again, none of it is illegal. That’s the most damning part. Because legality isn’t the standard here. The standard is integrity, and that’s nowhere to be found. The scale of this overlap isn’t just large. It’s systemic. It’s built into the very foundation of the Carney government’s climate policy. The same man who structured these funds is now the man signing off on the policies that make them profitable.

Diana Fox Carney’s Quiet Role in the Climate Cash Machine

And just when you thought the web of influence stopped at the Prime Minister himself, along comes Diana Fox Carney, economist, climate consultant, and spouse of the most well-connected man in Canadian politics. While Mark Carney’s direct financial entanglements with Brookfield Asset Management are now public record, his wife’s career trajectory paints an equally troubling picture of how the same elite networks driving Canada’s green spending are profiting in parallel, behind the curtain.

Diana Fox Carney currently holds a senior advisory role at Eurasia Group, the New York-based geopolitical risk consultancy that’s become a quiet powerhouse in shaping global ESG narratives. It’s also the same firm where Gerald Butts—Trudeau’s longtime fixer and architect of the federal climate playbook—now serves as vice chair. Add in former journalist Evan Solomon and even Conservative stalwart John Baird, and you’ve got a bipartisan consultancy stacked with Canadian political operators. Convenient? Maybe. Coordinated? You decide.

And what has this firm staffed with Liberal-era insiders received in return? Millions in untendered government contracts, including a $446,210 deal from Natural Resources Canada in 2024 for vaguely defined “geopolitical research.” That’s nearly half a million dollars in taxpayer money handed out without competition, to a firm employing the sitting Prime Minister’s wife—and his former colleagues. Just coincidence, right?

But Eurasia Group is only the start. Diana’s reach extends far beyond advisory calls. She’s connected to:

  • BeyondNetZero, a climate equity fund backed by U.S. private capital giant General Atlantic.
  • Helios CLEAR, investing in African climate “resilience.”
  • ClientEarth U.S. and the Shell Foundation, both pushing aggressive environmental litigation and policy influence.
  • Canada 2020, a Trudeau-aligned think tank that’s pocketed over $1 million in federal grants.

Throw in indirect ties to Gates Foundation funding, Save the Children, and research networks influencing African agriculture, and you’re looking at a network of transnational climate consultants with deep, ongoing influence over the exact climate policies the federal government is now implementing under her husband’s leadership.

Now, legally, Diana is in the clear. She’s not a public office holder. But that’s the point. The rules weren’t designed for this new class of political operator—the dual-career globalist power couple, where one side signs the climate cheques while the other cashes them. No formal disclosure is required. No recusals. No transparency. Yet the influence is there. The access is there. The money is flowing.

Opposition Reaction: Pierre Poilievre Slams Carney’s Hidden Conflicts, Demands Real Transparency

Conservative Leader Pierre Poilievre wasted no time responding to the bombshell ethics screen showing Prime Minister Mark Carney is recusing himself from dealings with over 100 companies, many tied to his former employer, Brookfield Asset Management. In a pair of direct and widely shared posts, Poilievre accused Carney of concealing critical financial entanglements from voters during the 2025 election, and warned that the Liberal leader is now either positioned to profit from federal decisions or paralyzed from making them.

“Mark Carney must explain why he kept these conflicts secret from voters until after the election,” Poilievre wrote. “Now he will be in a position to profit from big decisions or will be forced to sit out those decisions altogether. Either way, Canadians will pay the price.”

In a second post earlier that morning, Poilievre challenged the credibility of Carney’s so-called blind trust, urging the Prime Minister to liquidate his holdings entirely and hand the cash to a trustee who can invest it without Carney’s knowledge or influence:

“Otherwise, he will always know how political decisions can affect his personal wealth.”

These statements mark the strongest opposition rebuke yet of the Carney government’s financial entanglements. Poilievre’s message echoes growing public criticism that the ethics screen is little more than window dressing, lacking third-party oversight, and that it fails to address indirect benefit through carried interest, deferred compensation, or spousal affiliations.

While Carney has claimed he is in full compliance with federal ethics laws, the fact that the disclosures were released only after the election is fueling outrage—not just among Conservatives but from broader accountability watchdogs. With over 100 entities flagged, many of them tied to green energy, infrastructure, and climate finance—the same sectors receiving billions in federal spending—the Conservative leader has positioned himself as the voice of those demanding a full forensic audit of the Prime Minister’s interests.

The message from the opposition is clear: if this were a Conservative leader, the media would be calling it a scandal. But because it’s Carney—the global banker, the climate envoy, the Liberal savior—the establishment is looking the other way. Poilievre’s Conservatives aren’t. And they’re turning this into a defining issue of integrity and accountability in Canadian politics.

Let’s Call This What It Is

This isn’t subtle. This isn’t nuanced. This is what a grift looks like—on paper, in public, in black and white. Over one hundred conflicts of interest tied directly to Mark Carney. Entire portfolios of foreign and domestic holdings, billions in green investments, shell companies in Bermuda—and that’s before we even get to his wife’s global consultancy work, advising firms that quietly gobble up federal contracts without a single public tender.

And here’s the thing: we weren’t told any of this during the election. There was no press conference, no headline, no public vetting of the sprawling web of corporate and climate interests now tied to the highest office in the country. Why? Because it would have compromised the Liberal grip on power. Because the last thing this party wanted Canadians to know was that their new leader wasn’t just a banker—but a banker with a boardroom’s worth of financial strings still attached.

Now imagine—just for a moment—if it had been Pierre Poilievre. Or Andrew Scheer. Or any Conservative leader with over a hundred screened entities, global finance ties, offshore SPVs, and a spouse employed by a company collecting millions in government money. The press would be in a frenzy. The CBC would be running specials. They’d be calling him compromised, unfit, a foreign agent.

But because it’s their guy—because it’s the Liberal elite’s banker-in-chief—we’re told it’s fine. It’s all above board. Move along, nothing to see here.

Nonsense. Absolute nonsense.

This is not leadership. This is ideological grifting at the highest level. The Liberal Party, once the party of national unity and democratic accountability, has become a hollowed-out machine for elite interests. They’re not liberals. They’re grifters—grifting for green subsidies, globalist contracts, and personal access to power. They have no principle left. Just consultants, contracts, and a taxpayer-funded narrative to keep the game going.

Enough. Canadians didn’t vote for this. They weren’t told the truth. And now the entire climate agenda, the whole “just transition,” looks more like a get-rich scheme for the political class than any serious public mission.

It’s time for an election. Time to clear house. Time to drain this toxic, green-glossed swamp once and for all.

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