Repeal the Act and privatize this Canadian SOE

In its submission to Ottawa’s 2018 Legislative Review of the Export Development Act, Probe International calls for a repeal of the Act and the privatization of Export Development Canada (EDC). Probe argues the federal government’s export-financing agency shares many of the same characteristics as China’s controversial state-owned enterprises (SOEs), characteristics that ensure market distortion and stunt private development.

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Solid as a rock

Ensuring public stability has become even more of a priority for President Xi Jinping in the sensitive lead-up time to the CPC Central Committee’s 19th Party Congress scheduled for later this year. Law enforcement and local officials must guard against potential threats as never before, including the threat of disaster. A 7.0-magnitude earthquake in southwest China’s Sichuan province earlier this month saw “earthquake rumours” added to the growing list of bans in recent weeks.