Export Credit Agencies

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.

Issue Brief: ECAs and debt - November 1999

Debt aspects related to export credit agencies
The cancellation of Third World debt has been a rallying cry of social movements for years, gaining in volume and numbers in 2000 as a result of the global Jubilee movement. Much attention has been focused on the debts owed by poor countries to the World Bank and the International Monetary Fund. However, export credit agencies collectively own more debt of Third World countries than the World Bank and the IMF combined.


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