Ottawa abolishes green fund in response to scathing AG report

The federal government is axing a $1 billion green fund in response to a report by the auditor general that pointed to “significant lapses” in its handling of federal funding.

Ottawa abolishes green fund in response to scathing AG report
Minister of Innovation, Science and Industry Francois-Philippe Champagne speaks to reporters prior to a cabinet meeting on Parliament Hill in Ottawa, on Tuesday, June 4, 2024.

The federal government is axing a $1 billion green fund in response to a report by the auditor general that pointed to “significant lapses” in its handling of federal funding.