Government of Canada policies and positions

Press Release : Thursday, March 22, 2001

Regulate or devastate? That is the question
March 22, 2001 - Today non-governmental organizations call on Finance Minister Martin to act immediately to control financial market behavior.
“With stock markets crashing around us, the need to control the rollercoaster of international finance has never been more urgent”, said Gord Walker of Halifax Initiative member organization RESULTS Canada, "Parliamentarians voted overwhelmingly to do so two years ago, but the federal government has dropped the ball."

Letter to Trade Minister Re: EDC - May 19, 2000

May 19, 2000

The Honourable Pierre Pettigrew
Minister for International Trade

Dear Minister Pettigrew:

The federal government is considering whether changes should be made in the way that the Export Development Corporation (EDC) operates, a Canadian taxpayer-supported agency, assists Canadian business interests abroad. The choices that the federal government makes about how EDC operates will have significant social and environmental consequences.

As a Crown corporation, EDC pays no taxes, enjoys limited liability, and its credit is backed by the Canadian government. Yet it operates largely in secret. Unlike other government agencies, EDC is not subject to the Access to Information Act, and it keeps the projects it funds a secret. It has no binding standards requiring its projects to adhere to well-accepted social, environmental, labour or human rights standards.

Press Release - Friday, May 19, 2000

Coalition and Prominent Canadians call on Minister Pettigrew to legislate the Export Development Corporation to Protect People and the Environment
May 19, 2000
Ottawa - Minister Pettigrew failed to recommend changes to increase the Export Development Development Corporation's public transparency and accountability to internationally upheld standards, in his response to a Standing Committee report, "Reviewing the Export Development Act", presented to the House of Commons yesterday.

FAQs - Group of Twenty (G20)

Revised March 2000


What is the G20?
 The G-20 was set up to 'smooth out the bumps' of financial globalization. It was established in the wake of the financial crises that gripped the global economy and devastated much of Asia, Russia and Latin America in the late 1990's. The G-20's mandate is 'To promote discussion, and study and review policy issues among industrialized countries and emerging markets with a view to promoting international financial stability.'

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Who sits at the G20 table?


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