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EDC and ECAs

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Policy Brief : "Export Development Canada and Human Rights" - June 2006

In preparation for the 2006 National Roundtables on Corporate Social Responsibility and Extractives in Developing Countries, the Halifax Initiative has prepared this policy backgrounder, "Export Development Canada and Human Rights - Risk or Rights?"

Presentation on Export Credit Agencies and Human Rights

This presentation on ECAs and Human Rights was made on June 22, 2005, to the European Union Working Group on Export Credit Agencies at the European Commission.

Policy Brief: Export Development Canada - an Overview - October 2004

Export Development Canada (EDC), a Crown Corporation mandated to promote Canadian trade abroad, has developed policies on the environment, disclosure, human rights and corruption that still fall far short of ensuring appropriate due diligence and public accountability.

Policy Brief: Export Development Canada and Disclosure - October 2004

Transparency is an essential tool for promoting greater public accountability. Yet Export Development Canada (EDC), a Crown Corporation mandated to promote Canadian trade abroad, maintains a disclosure policy that not only falls behind the practices of numerous international counterparts, but falls well short of the federal government’s efforts to improving the transparency of crown corporations.

Policy Brief: Export Development Canada and Accountability - October 2004

Accountability is the cornerstone of democratic governance. Yet Export Development Canada (EDC), a Crown Corporation mandated to promote Canadian trade abroad, is still relatively unaccountable for the potentially environmentally devastating projects they finance.

Policy Brief - Export Development Canada and the Environment - October 2004

Informed public consultation is the foundation of good environmental impact assessment (EIA) and review. Yet the EIA policies of Export Development Canada (EDC), a Crown Corporation mandated to promote Canadian trade abroad, falls far short of both national and international standards.

Policy Brief: Export Development Canada and Corruption - October 2004

Corruption has become a focus of national and international concern. Yet Export Development Canada (EDC), a Crown Corporation mandated to promote Canadian trade abroad, has anti-corruption procedures that despite recent improvement, still contain considerable loopholes, meaning that Canadian companies paying bribes abroad are unlikely to be detected and then properly sanctioned.

Canada's position on Third World debt - September 2003

This factsheet summarizes the Government of Canada's position on debt cancellation and documents actions to date. For analysis and critique of this position, see our other documents in the Issues-Debt Section.

ECAs and debt

Debt aspects related to export credit agencies : The cancellation of Third World debt has been a rallying cry of social movements for years, gaining in volume and numbers in 2000 as a result of the global Jubilee movement. Much attention has been focused on the debts owed by poor countries to the World Bank and the International Monetary Fund. However, export credit agencies collectively own more debt of Third World countries than the World Bank and the IMF combined.

KANANASKIS G7 SUMMIT ISSUE BRIEFS (June 2002): The G8 is not our fate

An information kit containing 11 factsheets discussing different issues related to the G8, including what is the G8 and the New Partnership for Africa's Development.

KANANASKIS G7 SUMMIT ISSUE BRIEFS (June 2002): Export Credit Agencies: Trading Values for Profit

Export credit agencies (ECAs) are public agencies that provide government backed loans and insurance to corporations. G7 governments all own export credit agencies, which support G7 companies to do business abroad.

NGO WORKING GROUP ON EDC (February 2000) : Backgrounder on EDC and the Environment

Prepared by the NGO Working Group on the Export Development Corporation, a project of the Halifax Initiative

NGO WORKING GROUP ON EDC (November 1999): Canada's Export Development Corporation - Financing Disaster

In 1999, Amnesty International raised alarms about the killing of four indigenous people protesting a hydroelectric dam in Colombia that has devastated their food source and, if completed, would flood most of their land.

The Halifax Initiative

The Halifax Initiative is a Canadian coalition of development, environment, faith-based, human rights and labour groups.

Our goal is to fundamentally transform the international financial system and its institutions, namely the World Bank, the International Monetary Fund and export credit agencies.

By doing so, we hope to achieve poverty eradication, environmental sustainability and the full realization of human rights.

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