The Globe and Mail recently exposed that Francois-Philippe Champagne, Canada’s Foreign Minister, owes the Bank of China $1.2 million.
In 2009 and 2013, before he was in politics, Champagne was looking to purchase property in London England. At the time he was a temporary resident in the UK and couldn’t secure the mortgages through a British Bank.
Champagne disclosed this information to the Ethics Commissioner in 2015, in his public disclosure statement. Should it be a concern that the Liberals, under Trudeau, didn’t how this could be a problem?
He claims the debt to the Bank of China has had no effect on his job as a public servant. So does he really believe that China is “a beacon of stability, predictability, a rules-based system, a very inclusive society”?
As Foreign Minister, he is involved in dealing with China on numerous difficult matters. Relations with China have been strained since the detaining and possible extradition of Meng Wanzhao, CFO and Chairwoman of Huawei. Could the Chinese Communist Party use these two mortgages, as leverage to influence Chanpagne?