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Newswire on the IFIs

  • What more evidence does the World Bank need that carbon markets are not working?
  • At sustainability congress, dam builder bars civil society from dialogue
  • Austerity a moral issue as it inflicts millions
  • World Bank compliance arm assessing fresh complaint against Vizhinjam port
  • With Inga dams, donors set to repeat past failures
  • Bangladesh exposes flaws in World Bank's Doing Business Index
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Government of Canada policies and positions

Structural adjustment programs in Canada

Most Canadians would be surprised to learn that economists from the International Monetary Fund (IMF) annually visit Canada to dispense advice. We tend to think of the IMF as an institution that prescribes strong medicine, known as Structural Adjustment Programs (SAPs), only to less developed countries. In fact our governments regularly follow the same bitter prescriptions.

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ECA and IFI -funded projects

This page links to information concerning a number of projects on which we have worked, in solidarity with local communities. In some cases, the projects rely on World Bank funding. In others they involve Canadian companies that may be seeking, or have secured, financial support from Export Development Canada (EDC). Sometimes they involve both. Regardless of the source of funding, in all cases, communities have contacted us because they are concerned about the significant adverse environmental, social and human rights impacts of the projects.

Halifax Initiative Testimony, Foreign Affairs Committee, May 30, 2012

Presentation concerning the role of the private sector in international development with a focus on new CIDA programming in support of the extractive sector.

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Desperately Seeking Sanction: Canadian Extractive Companies and their Public Partners

Article prepared for the 'Global Capital, Global Rights' workshop convened by SFU and UBC. The text discusses civil society efforts in support of Bill C-300, legislation that sought to create accountability mechanisms regarding the provision of government support to Canadian extractive companies that operate overseas.

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Chilean and Argentine organizations question EDC due diligence

In this letter to Export Development Canada and the U.S. Export-Import Bank, Chilean and Argentine organizations express harsh criticisms regarding the public agencies' due diligence processes concerning Barrick Gold's application for support for Pascua Lama.

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Centre for Excellence Workshop on UN Guiding Principles

On September 15, 2011, the Canadian government's Centre for Excellence in Corporate Social Responsibilty held a workshop with John Ruggie entitled, 'Implications of the Guiding Principles for the Implementation of the UN Framework for CSR in the Canadian Extratcive Sector.' The Halifax Initiative participated on behalf of the Canadian Network on Corporate Accountability as the civil society respondent to Mr. Ruggie.

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Bringing Canadian Mining to Justice

Canadian mining interests in countries around the world are valued at tens of billions of dollars. Karyn Keenan looks at efforts by local communities to hold mining companies to account for human rights abuses. 'The issue of access to remedy for the victims of corporate abuse requires urgent attention,' she writes.
Keenan describes recent efforts by non-nationals who are affected by Canadian mining companies to seek redress through the Canadian justice system.

See full article in Pambazuka News. 

See Spanish version.

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Globe and Mail quotes HI - March 23, 2011

Article concerning lack of accountability in Canada regarding our overseas extractive sector.

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Consultation sur la LOI ODA - 2011

Le 17 février 2011,

L’Honorable James Flaherty
Ministre des Finances
Ministère des Finances Canada
140, O’Connor Street
Ottawa, ON  K1A 0G5

Monsieur le Ministre,

Re : consultation 2010-2011 au sujet de la Loi sur la responsabilité en matière d’aide au développement officielle

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Monthly Issue Update - February 28, 2011

ODA accountability consultation; World Bank dumps human rights; Bank report on extractives ignores reality.

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