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Toronto hires auditor
September 5, 2023

Toronto hires forensic accountant to probe ‘improperly altered’ charges from contractor

The City of Toronto is trying to find out how much it was overcharged by a general contractor working on several multi-million dollar projects, a confidential document obtained by CBC Toronto shows.

The city has hired KPMG’s forensic accounting unit to look into the matter, which could cost taxpayers up to $120,000, according to a March 6 letter from KPMG to the city, also obtained by CBC Toronto. 

For now, neither the city nor the contractor – Duron Ontario Ltd. – has filed a lawsuit in connection with the matter, according to the document. However, the city’s legal team is part of an investigation, the document shows.

In a statement issued Monday, a spokesperson said, “The City takes any potential instance of the misuse of funds very seriously.”

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