Dirty Business, Dirty Practices

How the Federal Government Supports Canadian Mining, Oil and Gas Companies Abroad

Author
Canadian Network on Corporate Accountability
Published
Ottawa, May 2007
Translation
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Executive Summary

Large-scale mining, oil and gas extraction is dirty business. Extractive projects often pit investors, extractive companies and national governments against communities and indigenous groups who seek to protect land and resources that support their livelihoods. In their quest for profit, some governments and extractive companies cut corners on environmental protection and are complicit in human rights violations.

Canadian extractive companies have been implicated in controversies around the world–from California to Sudan to Guatemala. Yet the Government of Canada provides support to the extractive sector, often without assurances to the public that a project will not harm the environment or violate human rights. In some cases, the government has supported projects after well-documented human rights and/or environmental abuses have been revealed.

This report is also available in a printer-friendly PDF file:

DirtyPractices.pdf
636 KB, 25 pages
Fact Sheets

There are at least eight ways that the Government of Canada supports Canadian extractive companies working in foreign countries:

These Fact Sheets highlight several ways that the Government of Canada supports Canadian extractive companies working in foreign countries. It also describes the due diligence that the government undertakes before deciding whether to support an investment for some (but not all) forms of support and explains why this assessment process is often inadequate. Finally, it identifies steps that the Government of Canada could take to improve corporate practice in the mining, oil and gas sectors.

Due diligence is a financial term that describes the research and analysis done by a company before entering into a business transaction. Here, the term refers to the assessment process undertaken by government before supporting a proposed project.

The process seeks to:

  1. ascertain the potential impact of the project;
  2. establish whether the project complies with relevant standards;
  3. identify necessary provisions to avoid (or mitigate) harm to persons, property or the environment.