Finance Minister Éric Girard refuses to grant the Auditor General the power to carry out performance audits at the Caisse de dépôt et placement du Québec.
• Read also: The ethics of the Caisse de dépôt du Québec still criticized
On Wednesday, VG Guylaine Leclerc skinned the ethics of the fund in a compliance audit report.
She argues that the Caisse de depot et placement du Québec, which manages $365.5 billion, must strengthen the protection and detection of conflicts of interest, fraud and corruption related to its investments.
Mme Leclerc points out that this type of audit prevents her from judging certain practices or expressing concerns, because she does not have the power to carry out performance audits at the Caisse, unlike all other government entities.
“I cannot criticize the laws, but it is certain that we can do a performance audit in all government entities, at the discretion of the Auditor General. And the only entity where it cannot be done is the Caisse de depot, without the approval of the board of directors, ”she said.
In a brief press scrum on Thursday morning, the finance minister said he was not considering granting that power to the AG.
“No, that is not part of his mandate. It already has access to all the internal audits, to the external auditor and to a compliance audit mandate,” Mr. Girard briefly indicated.
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