The Canadian connection of the U1 scandal. The Clinton connection… Frank Giustra, the Vancouver mining financier. Corporate Canada's most famous "Friend of Bill."

HOW BILL AND HILLARY RAISED AND EARNED MILLIONS FROM CANADA'S CORPORATE ELITE

Through his personal charitable vehicle, the Radcliffe Foundation, Mr. Giustra has donated $66.4-million (Canadian) directly to the Clinton Foundation, ranking him in the top five of all donors. He also drummed up about $20-million in donations from high rollers in the investment community at a lavish 60th birthday party in 2006 for Mr. Clinton.

Mr. Giustra did not stop there. The following year, he came up with the idea of creating the Canadian arm of the foundation, the Clinton Giustra Enterprise Partnership (Canada), through which he has contributed a further $35.4-million.

The Canadian arm of the Clinton Foundation – the brainchild of Mr. (Frank) Giustra and known as the Clinton Giustra Enterprise Partnership – has poured more than $35-million (U.S.) into eradicating poverty in parts of the developing world where many of the mining companies he helped finance do business.

The list of individuals and corporations with whom the Clintons have done business in the 16 years since they left the White House is a long one. The Clinton Foundation counts some of Canada's best-known corporations – auto parts giant Magna International Inc.; mining company Barrick Gold Corp.; and Toronto-Dominion Bank – among its large donors.

Many wealthy individuals have also supported the charity. To take three examples: Lukas Lundin, chairman of the TSX-listed mining company that bears his name, donated $1-million to $5-million. Another $500,000 to $1-million came from Toronto real estate executive Michael Cooper, whose companies own a collection of prize office properties in Canada, including 50 per cent of Toronto's Scotia Plaza. TD deputy chairman Frank McKenna, who was Canada's ambassador to Washington when George W. Bush was president, kicked in $100,000 to $250,000. (The disclosures come in ranges, rather than stating exactly how much an individual donated.)

Bill and Hillary Clinton have been paid a total of $12.4-million (U.S.) for giving speeches in Canada since leaving the White House in 2000.

https://www.theglobeandmail.com/report-on-business/bill-hillary-clinton-giustra-corporate-canada/article32675340/