MEDIA RELEASE
NGO Report Demonstrates
the Export Development Corporation
Risks the Environment
For immediate release May 14, 2001

EXPORT DEVELOPMENT CORPORATION TRADE FINANCING
130,000 Canadians sign letters addressed to Minister Pettigrew calling for tighter regulation of the Export Development Corporation
For immediate release
(Ottawa, April 3, 2001) – Representatives of indigenous peoples in Chile and Colombia are in Ottawa to speak about the devastating impacts of Export Development Corporation (EDC) trade-financing.  

MEDIA RELEASE
The Export Development Corporation support for dams
criticized in new report by World Commission Report on Dams
 
Coalition demands EDC place a moratorium on dam-building

MEDIA  RELEASE
Canadian churches launch national campaign
to reform the Export Development Corporation
(Oct. 4, 2000 – OTTAWA)  Members of the Canadian Ecumenical Jubilee Initiative (CEJI) concerned about the negative impact that EDC-supported projects have had on people and the environment, launched a campaign today to reform the Export Development Act, the statute governing the Export Development Corporation (EDC). 

MEDIA RELEASE

Terrie O' Leary
Executive Director for Canada
World Bank Group
1818 H St. NW
Washington, DC  20433
June 4, 2000

Dear Ms. O' Leary,

We are writing to express our serious concerns related to a proposed IFC investment, the Niger Delta Contractor Revolving Credit Facility, and to urge you to vote against this project.  This project involves IFC and the Shell Petroleum Development Company teaming up to provide credit to Nigerian contractors who are providing services to Shell.

May 19, 2000

The Honourable Pierre Pettigrew
Minister for International Trade

Dear Minister Pettigrew:

The federal government is considering whether changes should be made in the way that the Export Development Corporation (EDC) operates, a Canadian taxpayer-supported agency, assists Canadian business interests abroad. The choices that the federal government makes about how EDC operates will have significant social and environmental consequences.

As a Crown corporation, EDC pays no taxes, enjoys limited liability, and its credit is backed by the Canadian government. Yet it operates largely in secret. Unlike other government agencies, EDC is not subject to the Access to Information Act, and it keeps the projects it funds a secret. It has no binding standards requiring its projects to adhere to well-accepted social, environmental, labour or human rights standards.

 
EDC projects damaged environment: report: NGO group attacks lending body's environmental review standards
PUBLICATION The Ottawa Citizen
DATE Tue 04 Apr 2000
EDITION FINAL
SECTION/CATEGORY News
PAGE NUMBER A5
BYLINE Jack Aubry
STORY LENGTH 632

 
Agency accused of ignoring environment:
PUBLICATION The Edmonton Journal
DATE Tue 04 Apr 2000
EDITION FINAL
SECTION/CATEGORY Canada
PAGE NUMBER A6
BYLINE Dennis Bueckert
STORY LENGTH 321

PUBLICATION The Ottawa Citizen
DATE Sun 19 Mar 2000
EDITION FINAL
SECTION/CATEGORY News