Saskatchewan auditor to investigate failed CTRC, St. Peter's College merger

March 21, 2011

Saskatchewan's acting provincial auditor will investigate claims of possible financial irregularities that have been raised in connection to the now-defunct proposal to merge Carlton Trail Regional College and St. Peter's College. Meanwhile, the province's Opposition NDP says the governing Saskatchewan Party must provide answers about what it knew and what it allowed to take place as the amalgamation proposal gained momentum. According to documents leaked to the media, concerns about problematic financial and accounting practices were raised to both institutions' boards a month before the formal application to merge was submitted to the province in June 2010. The province released yesterday responses from both schools' boards on the steps they took, after receiving a memo dated May 10, 2010, regarding allegations of financial and accounting irregularities. The report on the proposed merger is now available online. Saskatchewan News Release | Saskatoon Star-Phoenix | Read the report