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ARTICLE · 24 SEPTEMBER 2024

I Think You Should Leave: Takeaways From The Ethics Commissioner Reports On SDTC

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On July 24, 2024, the federal Conflict of Interest and Ethics Commissioner, the Hon. Konrad von Finckenstein, released two reports with respect to Sustainable Development Technology...

CanadaCorporate/Commercial Law
Thomas Yeo
Thomas Yeo
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On July 24, 2024, the federal Conflict of Interest and Ethics Commissioner, the Hon. Konrad von Finckenstein, released two reports with respect to Sustainable Development Technology Canada (SDTC). The reports further build the body of decisions of the Conflict of Interest and Ethics Commissioner interpreting the Conflict of Interest Act  (Canada) (COIA) and provide important guidance for directors and corporate secretaries of federal Crown corporations.

The reports focus on the actions of the Chair of SDTC and another director in participating in decisions regarding grants to companies with which they had relationships.

In his report, the Commissioner concluded that the Chair contravened the COIA by:

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