DZYUBAN

Officials

Annette Verschuren

Annette Verschuren

public office holder

Annette Verschuren

Contravention

Largest sum in the decision: $25,000,000

Annette Verschuren contravened subsection 6(1) and section 21 of the Act.

Dossier

Finding Annette Verschuren contravened subsection 6(1) and section 21 of the Act.Conflict of Interest and Ethics Commissioner · 24 July 2024

Law Conflict of Interest Act, s. 6(1) and 21

$25 million Verschuren, as Chairperson, then proposed Motion 100(B).01: “That the Board approve the recommendation to provide $25 million in funds to support companies in their efforts to develop domestic supply

$15 million nt a total of approximately $26.5 million on the Goderich project, of which NRStor and Hydrostor contributed approximately $8.5 million and $15 million respectively.

$10 million Companies must participate in a competitive funding process and can receive up to $10 million over a period of up to five years.

$2,341,187.42 The total contribution by SDTC (provided to NRStor, but not counted in the $8.5 million) was $2,341,187.42, which included the amount originally approved by the Board in 2017 and two COVID-19 emergenc

$2,123,526 The SDTC Board approved funding of $2,123,526 for the Goderich project on September 20, 2017, and a contribution agreement between SDTC and NRStor was signed on January 14, 2018.

Company Hydrostor Inc, NRStor Goderich CAES GP Inc, NRStor Incnamed in the decision

Record Conflict of Interest and Ethics Commissioner