Disclosure of Board Affiliations
Our commitment to complete transparency.
In alignment with Imagine Canada’s Standards and the QEII Foundation’s commitment to transparency surrounding costs, this disclosure covers the QEII Foundation’s support of Trustee establishments through purchases by the QEII Foundation. The Foundation often receives a discount on sales at volunteer Board and Honorary Trustees' establishments, with these affiliations supporting lottery prizes and fundraising initiatives.
The following list provides the name of the establishment, type of expenses incurred in the 2021-2022 fiscal year, the purpose of the purchase and the relationship with volunteer trustees:
Justin Scully, Regional President Business Banking, Atlantic Canada – BMO Bank of Montreal – The QEII Foundation banks with BMO Bank of Montreal and BMO Nesbitt Burns. These accounts were setup as part of a joint banking procurement process with the Capital District Health Authority (CDHA) predecessor to the Nova Scotia Health Authority (NSHA). Accounts are not managed directly by Justin, he had no influence over the procurement process and he does not directly benefit from this transaction
Lydia Bugden, Chief Executive Officer & Managing Partner – Stewart McKelvey – The QEII Foundation engaged Colleen Keyes, a securities lawyer and partner at Stewart McKelvey to handle a specific corporate matter on the recommendation of the Foundation’s legal counsel Boyneclarke. Lydia was not directly involved in the matter, she had no influence over the procurement of services and does not directly benefit from this transaction