Rob Shaw
@RobShaw_BC
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06-01-2011 17:31:05
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NEW - After downgrading the BC government credit outlook from stable to negative last week, due to debt/spending, ratings agency Moody's has also downgraded Simon Fraser University.
However, it holds 'stable' for University of British Columbia City of Vancouver TransLink BC and the Municipal Finance Authority of BC.
BCgov statement:
'Providing consulting services on a grant a business is contracted to administer would be a very clear conflict of interest and is prohibited by the provision in the contract.”
Originally, Josie Osborne said conflict was grant-writing on grants administered.