CONSENT OF INDEPENDENT AUDITORS
We consent to the use of our report dated March 30, 2007 to the shareholders ofDundeeCorporation on the consolidated balance sheets of Dundee Corporation as at December 31, 2006 and 2005 and the consolidated statements of operations, changes in shareholders’ equity and cash flows for the years then ended and our report dated May 8, 2007 related to the supplemental note “Differences Between Canadian and United States Generally Accepted Accounting Principles”, which are included in Dundee Corporation’s Form 40-F filing. We have not audited any financial statements of Dundee Corporation subsequent to December 31, 2006 or performed any audit procedures subsequent to the date of our audit reports.
![[usgaap002.gif]](https://capedge.com/proxy/40-FA/0001137171-07-000667/usgaap002.gif)
Toronto, Canada
Chartered Accountants
May 8, 2007
Licensed Public Accountants