DC Title
Report of the Honourable Mr. Justice P.D. Seaton, Commissioner, appointed by Order in Council 0500 approved and ordered on April 28, 1993 and a commission of the same date, pursuant to the Inquiry Act, R.S.B.C. 1979, chapter 198, part 2. --
Jurisdiction
British Columbia
Language
DC Date
DC Creator
British Columbia.Inquiry Into Whether There Was A Conflict of Interest Relating to the Purchase of Shares by the Investment Branch of Provincial Treasury and Land Use Policy Announced by the Executive Council.
Seaton, Peter D.
DC Publisher
Vancouver, B.C. : The Commission,
ID
pubdocs_bcdocs_140164_mr
DC Type
text
Bibtype
m
DC Description
"July 27, 1993"
Commission Counsel: Paul Williamson.
BC Royal Commission document scanned by LLBC.
"On February 9, 1993, a block of shares in MacMillan Bloedel Ltd. was purchased by the British Columbia Endowment Fund. On February 24, 1993, the Cabinet reached a decision concerning land use in Clayoquot Sound. The policy reduced but did not eliminate the area that could be logged." (p. 1). The Commissioner was asked to determine if the Government was in a conflict of interest in making decisions which could affect the profitability of MacMillan Bloedel Ltd. The Commissioner concluded that there was no conflict of interest, real or apparent, and recommended administrative procedural changes with respect to the investment of government funds.
DC Subject
MacMillan Bloedel Limited
Conflict of interests British Columbia
Government securities British Columbia.
Clayoquot Sound Region (B.C.)