Between December 1998 and March 1999, in a campaign led by the Halifax Initiative Coalition and that led to a number of Committee and Parliamentary debates (Oct. 16, 1997; Oct 28, 1998; Feb 3, 1999 Part 1 and Part 2), Canadians rallied in support of a Private Member's Motion in the House of Commons, which stated, "that in the opinion of the House, the government should enact a tax on financial transactions in concert with the international community."

General | Standards & Best Practices |

The radio series is comprised of six ten minute segments discussing various aspects of the debt crisis.

The Speculation Game

Photo Credits
Wherever possible, the Halifax Initiative acknowledges all photos that appear in our publications and on this web site, and secures permission to use photos that are not the property of the coalition. Such photo credits will normally appear below the photo or on the inside cover of the publication. In the case of the photos that appear in the banner of this home page, they are from left to right:

Between 1981 and 1997 the less developed countries paid over US$2.9 trillion in interest and principal payments. This is about US$1.5 trillion more or double what they received in new loans. (1)
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In 1998, the Highly Indebted and Poor Countries average debt load was 165.6% of their gross national product. (2)
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PRIVATE MEMBERS' BUSINESS

TAX ON FINANCIAL TRANSACTIONS     

Some Examples of Weakening of the World Banks Safeguard Policiesa
 

Existing/old policy
Safeguards (paragraphs)
New/Draft
 
Policy
Negative changes (paragraphs)

Environmental Assessment OD4.01 [October 1991]
 

"Sacred Land, Scarred Land" - a video, backgrounder, and action sheet about 4 projects involving Canadian companies and the impacts on communities, with a particular focus on the violation of land rights.  Two of the projects highlighted received support from Export Development Canada. Video available for $10.  (Video - 2000)