It’s been a long time coming but councillors in Winnipeg have finally got to see an audit on the city’s real estate deals.
The audit looks into a number of high-profile purchases by the city and consulting firm EY have found a number of concerns.
Among the deals highlighted was the purchase of a former Canada Post building which was to become a new police HQ. The audit found that there was no independent appraisal of the property and no other sites for the HQ seem to have been considered.
For that reason EY say it is not possible to assess whether the city got value for money on the deal.
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