After months in the political spotlight and pointed questions about its role in a summer student grants contract, WE Charity is winding down its operations in Canada. The move comes as the charity — like many other non-profits in this country — faces a cash crunch as donations dip due to the pandemic.
Ill-equipped to deal with political scandal
WE also acknowledges that it found itself in the middle of a political scandal over the student grants contract that it was “ill-equipped” to fight. In a media statement, the charity said the fallout from its failed effort to administer a $912-million contribution agreement on behalf of the federal government has made fundraising difficult and the “financial math for the charity’s future is clear.” CBC