Export Development Canada

Letter to Minister Peterson regarding disclosure of information at EDC - March 29, 2005

March 29, 2005

The Honourable James Peterson
Minister of International Trade
125 Sussex Drive
Tower B, 5th Floor
Ottawa, ON K1A 0G2

R.e.: Disclosure of information at Export Development Canada

Dear Mr. Peterson

I am writing you on behalf of the Halifax Initiative Coalition, a Coalition of development, environment, faith-based, human rights and labour groups, regarding Export Development Canada’s (EDC) disclosure policy.

Press Release - March 29, 2005

Commercial Confidentiality Needlessly Trumps Transparency at Crown Corp, Report Finds

Ottawa, March 29, 2005 'Export Development Canada (EDC) can play a more proactive role in shedding light on key environmental information for the projects it supports, while still balancing company demands for confidentiality, argues a new report by Sierra Legal Defense Fund. The report lays out a framework for enhancing access to information within the financial institution.

Press Release - October 25, 2004

Report Card Flunks Crown Corp on Transparency
Ottawa, October 25, 2004 – A Canadian coalition of groups hammered Export Development Canada (EDC) for poor transparency on the most controversial and risky projects it funds, the day before the Auditor General is set to release a report on the environmental and disclosure policies of the crown corporation.

“Three years ago the Auditor General identified public consultation and disclosure of environmental information as being essential to a credible review process”, said Fraser Reilly-King, Coordinator of the NGO Working Group on EDC, the coalition that released the report.

Policy Brief: Export Development Canada and Corruption - October 2004

For pdf, click here

Corruption has become a focus of national and international concern. Yet Export Development Canada (EDC), a Crown Corporation mandated to promote Canadian trade abroad, has anti-corruption procedures that despite recent improvement, still contain considerable loopholes, meaning that Canadian companies paying bribes abroad are unlikely to be detected and then properly sanctioned.


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