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Debt Arbitration

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Letter to Minister Flaherty (March 2006)

This letter draws attention to the extent to which the World Bank, through its International Development Association, has backtracked on the commitments made at the G8 summit in Gleneagles under the Multilateral Debt Relief Initiative, and how it is inconsistent with how the IMF has implemented the same initiative. The letters asks the Canadian Executive Director to ensure when the modalities of the deal are discussed on March 28th, that all countries receive immediate full debt cancellation as of July 1, 2006.

KAIROS Statement on Global Day of Action Against Debt Domination (December 2004)

A statement by KAIROS calling for multilateral debt relief, greater action on the part of G7 nations and recognition that odious and illegitimate debt should not have to be repaid.

Action Alert Archives - September 13, 2004

Please note that this coming month is a critical time for the campaign to cancel the debt of poor countries. We are asking you to take action to help make 100% debt cancellation a possibility for the poorest countries, with no conditions attached.

Submission to the International People’s Tribunal on the Debt (February 2002)

The on-going debt crisis of developing countries is integral to the perpetuation of an unjust economic system, one that concentrates wealth and power in the hands of a few.

Addressing Unsustainable and Illegitimate Debt

In Toronto, in February 2003, the Halifax Initiative hosted a discussion for Canadian NGOs, together with a representative from AFRODAD (African Debt and Development Network) and 50 Years is Enough, on illegitimate debt.

Finding Real Solutions to Unsustainable Debt (February 2003)

Report - Finding Real Solutions to Unsustainable Debt [PDF format]

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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