Debt

Letter to Minister Goodale Re: Leadership on Full and Unconditional Cancellation of Poor Country Debts - January 28, 2005

PDF Letter available here

Version PDF française disponible ici

January 28, 2005

The Honourable Ralph Goodale M.P., P.C.,
Minister of Finance
140 O'Connor Street
Ottawa, ON K1A 0G5
Fax: 995-5176

RE: Canadian CSOs Call for Leadership to Secure Full and Unconditional Cancellation of Poor Country Debts

Dear Minister Goodale,

The next few months offer an historic opportunity for Canada to take leadership among the G7 Finance Ministers to consider genuine and permanent solutions to the problems of debt and development, especially as they affect Africa.

Monthly Issue Update - January 2005

Chirac Proposes International Taxes to Fight Poverty
French President Jacques Chirac, speaking at the World Economic Forum in Davos, Switzerland, called on all developed countries to substantially increase aid budgets to meet the Millennium Development Goals (MDGs). Taxes designed to skim some of the wealth generated by globalization include levies on crossborder financial transactions, taxing aviation and shipping fuel, environmental taxes and air travel charges.

Editorial (Globe & Mail) - November 19, 2004

Calling for a "Made in Canada" Proposal Percent Debt Cancellation
By Michael Bassett

This weekend Finance Minister Ralph Goodale will join his counterparts from 20 developed, emerging and developing countries at the regular G20 Finance Ministers meeting. Prime Minister Paul Martin created this grouping of countries in 1999. It stands as an example of the Canadian leadership on the international stage that Mr. Martin has often spoken of, but little delivered since becoming Prime Minister last year.

Press Release - October 5, 2004

Canadian Civil Society Groups Disappointed in G-7 Failure to Bridge Differences  to Provide Debt Relief to the Poorest Countries.

Ottawa – Canadian civil society groups in the Halifax Initiative Coalition expressed disappointment with G-7 Finance Ministers for failing to show the political will to bridge differences and cancel the debts of the poorest countries, but highlight that 100% debt cancellation is now universally acknowledged to be necessary for the poorest countries.

"Even though it is a real disappointment, the momentum is building for full debt cancellation," says Derek MacCuish, Coordinator of the Social Justice Committee. "The G-7 has now recognized what civil society organizations in Canada and around the world have been saying for decades - that the debt of the poorest countries needs to be cancelled."

KAIROS Analysis of the October G-7 Finance Ministers’ and IMF & World Bank Meetings

KAIROS Analysis of the Outcome  of the G-7 Finance Ministers’ and IMF & World Bank Annual Meetings, Oct. 1-3, 2004

 

This briefing provides an analysis of the outcome of the G7 Finance Ministers Meeting and the IMF/World Bank Annual Meetings in light of the four demands put forward by KAIROS and the Halifax Initiative.

Press Release - September 29, 2004

Canadian Civil Society Groups Call for Prime Minister Martin to Push for Unconditional Debt Cancellation for World’s Poorest

Ottawa – Canadian Civil Society Organizations today sent an open letter to Prime Minister Martin calling on Canada to support full debt cancellation for the poorest countries. Meetings in Washington this weekend around the World Bank and IMF fall meetings may produce a plan to deal with the crushing debts held by the poorest countries.

“Prime Minister Martin, this is a key opportunity for Canada to show the international leadership you spoke of in the lead up and during the last federal election. We hope that the Government of Canada will use this opportunity to secure a lasting solution to the debt crisis facing the poorest countries,” the letter says.

Action Alert Archives - September 13, 2004

Dear Halifax Initiative Rapid Response Network,

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.

What you can do? 
1) Call Prime Minister Martin, Minister Goodale and your MP and tell them you want Canada to support cancelling the debt (see note below and attached)

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