Canada’s auditor general is investigating more than $208 million in payments made through a federal Crown corporation to manage a pandemic relief program.
Export Development Canada (EDC) was assigned to manage the Canada Emergency Business Account (CEBA) program in 2020. The program offered interest-free loans of up to $60,000 to small businesses and not-for-profits. The work was given to contractor Accenture PLC, an Irish multinational consulting firm, without open bidding, a move that cabinet and EDC did not disclose.