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VisitCanada's $9 Million Condo Purchase on Billionaires' Row for Diplomat Under Parliamentary Investigation, Hearings August 19
Jul 30, 2024, 02:40 AM
The Canadian government is facing scrutiny over its decision to purchase a $9 million condominium located on Manhattan's Billionaires' Row for diplomatic purposes. The consul general in New York City is set to appear before a Parliamentary committee to address the issue. This decision has sparked criticism, particularly from Conservative members of Parliament, who have called for a full investigation, arguing that taxpayers should not bear such expenses. The investigation was initiated following a parliamentary vote last week, with hearings scheduled for the week of August 19. The purchase has drawn mixed reactions, with some real estate experts downplaying the significance of the price in the context of diplomatic residences.
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Markets
No • 50%
Yes • 50%
Official announcement from the Canadian government or real estate transaction records
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Official resignation announcement from the Canadian government
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Official Parliamentary records and announcements
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