Saskatoon StarPhoenix

Former SREDA exec fined

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A former top executive with the Saskatoon Regional Economic Developmen­t Authority has been fined after admitting he did not file personal income tax returns for nine years.

Tim LeClair was to face trial Thursday, but entered a guilty plea Tuesday in provincial court to nine charges of failing to file a return between 2003 and 2011.

LeClair, who had been president and CEO of the authority, was fined $1,000 for each year he didn’t send in a return.

The authority’s board voted unanimousl­y in March to remove LeClair as CEO.

Bruce Richet, the board’s chairman, said he can’t comment on the circumstan­ces surroundin­g LeClair’s departure, but admitted the tax situation was a problem.

The authority expects to name a replacemen­t by the year’s end.

 ?? GREG PENDER/The StarPhoeni­x ?? Tim LeClair, former CEO of the SREDA, has been fined for
failing to file tax returns.
GREG PENDER/The StarPhoeni­x Tim LeClair, former CEO of the SREDA, has been fined for failing to file tax returns.

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