The Canada Brief

Canada · 15 h ago

Mark Carney

Jolanda Flubacher · CC BY-SA 2.0 · Wikimedia Commons

Conservatives ask ethics commissioner to probe Carney's ties to Telesat CEO

In a five-page letter, Conservative MP Jamil Jivani asks the commissioner to review whether Carney breached the Conflict of Interest Act and to put an ethics screen in place. It concerns Carney's longstanding friendship with Telesat CEO Dan Goldberg.

Telesat's military satellite contract

2.3 $ billion

Over the summer, the Defence Investment Agency awarded Telesat a $2.3 billion, 15-year contract for military satellite communications in the Arctic, with options for $432 million more.

The Prime Minister's Office says Carney had no role in the discussions and decisions connected to Telesat. Telesat says its CEO has never asked Carney for contracts or special treatment.

Telesat debt due within five weeks

1.7 US$ billion

Telesat has US$1.7 billion in debt coming due within five weeks, and says it cannot repay it and hopes to refinance. Jivani says that adds urgency to his request.