MEDIA RELEASE

Secrecy surrounds EDC’s Plans to Decrease Secrecy

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.

Liberals plan watchdog for EDC: Ombudsman would try to keep
controversial Crown corporation `accountable'
PUBLICATION The Ottawa Citizen
DATE Fri 19 May 2000 
EDITION FINAL
SECTION/CATEGORY News
PAGE NUMBER A1/Front
BYLINE Jack Aubry 
STORY LENGTH 733
The government is looking at establishing an ombudsman for the Export Development Corporation as part of an effort to improve the much-criticized Crown corporation's ``accountability, compliance and access to information.''

PUBLICATION The Ottawa Citizen
DATE Sun 19 Mar 2000
EDITION FINAL
SECTION/CATEGORY News
PAGE NUMBER A1 / Front
BYLINE Paul McKay

STORY LENGTH 1308

 
HEADLINE: `This is a race to the bottom': Crown agency spends billions secretly backing environmentally destructive projects others won't touch Export Development Corp. `will do anything,' critic says; EDC VP insists agency `routinely' turns down projects that are environmentally `risky'

PUBLICATION The Ottawa Citizen
DATE Sat 18 Mar 2000
EDITION FINAL
SECTION/CATEGORY News

In 1999, Amnesty International raised alarms about the killing of four indigenous peopl

October 8, 1999

Hon. Pierre Pettigrew
Minister for International Trade
Department of Foreign Affairs and International Trade
125 Sussex Drive
Ottawa, ON
K1A 0G2

By FAX: 996-8924
Eight pages including this page

Dear Minister Pettigrew,

This letter contains the formal response of the Working Group on the EDC to the Report on the Review of the Export Development Act, conducted by the firm Gowling, Strathy & Henderson.

The Working Group on the EDC is a coalition of Canadian non-governmental organizations concerned about the human and environmental impact of export financing agencies. The Working Group, which is a project of the Halifax Initiative, promotes adherence by export credit agencies, particularly the Export Development Corporation, to internationally accepted standards regarding human rights, environment and sustainable development.