Manitoba probes immigrant investor program

Monday, December 26, 2011 – Globe and Mail


Manitoba’s auditor-general is reviewing an initiative designed to bring immigrant investors to the province in light of scandals plaguing similar programs in the Maritimes.

There has been no suggestion of wrongdoing in Manitoba; but scathing audits, fraud allegations, lawsuits and RCMP investigations in the Atlantic provinces have raised concerns thousands of kilometres away.

“It was an area we thought there was a high risk that there could be problems,” said Manitoba Auditor-General Carol Bellringer in an interview with The Globe and Mail. “We wanted to find out how that whole investment part worked, and if there was any potential for [immigrants] to be taken advantage of.”

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