Export Development Canada quietly finalizes loan to EverWind Fuels — not for $125 million but $166 million

On November 29, 2023, Global Affairs Canada's press release about a $125 million loan to EverWind Fuels in Nova Scotia did not mention that it was in US dollars, resulting in $41 million more public dollars than initially believed. Joan Baxter and the Halifax Examiner uncovered the misleading statement about Export Development Canada’s loans to Nova Scotia-registered EverWind Fuels, a private company founded by a New York-based Australian private equity company.

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