Export Credit Agencies

Monthly Issue Update - February 28, 2010

Government accountability bill returns to the House
On March 3, the Governor General will open a new session of Parliament, ending the recess created when the Harper government prorogued the previous session in December. All legislation that was under consideration at that time was extinguished, with the exception of private members’ bills, which return to the House, unscathed. These bills begin anew at whichever stage of the legislative process they had reached before the plug was pulled on Parliament.

Monthly Issue Update - January 31, 2010

CSOs push for Common Approaches revamp
Members of the Organisation for Economic Co-operation and Development (OECD) are currently reviewing a 2007 Council Recommendation regarding export credit agency (ECA) operations. The Recommendation on Common Approaches on the Environment and Officially Supported Export Credits (Common Approaches) is a “gentlemen’s agreement” that seeks to establish a level playing field regarding ECA environmental practice. CSOs argue that the Recommendation’s impact is undermined by the lack of effective accountability mechanisms to ensure consistent and effective application by member governments.

Letter to OECD from ECA-Watch and Amnesty International re review of the Common Approaches - January 12, 2010

Julian Paisey
OECD, Export Credit Division, Trade Directorate
2, rue André-Pascal
Paris Cedex 16 - France
Brussels, 12 January 2010.

Dear Julian,

Further to your letter of December 2009, you will find below the elements that ECA-Watch and Amnesty International would like to see addressed and revised in the review of the 2007 Revised Council Recommendation on Common Approaches on the Environment and Officially Supported Export Credits (Common Approaches). We believe that the 2010 Common Approaches Review must consider these issues in order to improve ECA standards and practices and to meet the objectives set out in the Recommendation.

Monthly Issue Update - November 30, 2009

Corporate Accountability Hearings Heat Up
Things were hopping this month in Parliamentary hearings on Bill-300, An Act respecting Corporate Accountability for the Activities of Mining, Oil or Gas in Developing Countries (see IU February 2009). The Bill was presented before the Parliamentary Standing Committee on Foreign Affairs and International Development by MP John McKay on May 25. This month Committee members heard riveting testimony from diverse witnesses (see JUST THE FACTS). Speakers included: Romina Picolotti, former Secretary of the Environment for Argentina and winner of the prestigious Sophie Prize for environment and sustainable development; Stephen Hunt, former mine worker and current Director at the United Steelworkers union; Marketa Evans, the federal government’s new Corporate Social Responsibility Counsellor; and mining companies Barrick Gold, Goldcorp and Kinross.

Gerry Barr

Close and summing up

Gerry Barr, President-CEO, Canadian Council for International Co-operation
and Chair, Make Poverty History Canada

Q&A Session

Perspectives on proposals for change - Rethinking the global financial system

Questions and answers and discussion

Government of Canada: 

Soren Ambrose

Rethinking the global financial architecture – perspectives from civil society

Soren Ambrose, Development Finance Coordinator, Action Aid International

Q&A Session

Looking ahead - A looming debt crisis? Towards ensuring future responsible lending

Questions and Answers

John Dillon

Looking ahead - A looming debt crisis? Towards ensuring future responsible lending

Moderator: John Dillon, Economic Justice Coordinator, KAIROS-Canada


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