June 6, 2000
The author defends the EDC, citing its “consistent profit-generating” history.
Please see the original article The secret of EDC’s ‘success’.
I have to admit that I enjoyed reading some of Patricia Adams’ clever quips But I’m puzzled: As a taxpayer, what exactly is it that I should be concerned about? That my taxes have been used to help support Canadian success?
Ms. Adams’ main argument seems to be this: EDC takes on more risk than the private sector. But isn’t this their job — to fulfill a need not currently being met by the private sector?
Her secondary argument seems to be this: EDC poses a risk to the Canadian taxpayer. As a taxpayer, I refuse to fall into this scare tactic that EDC’s activities put me at risk. How can they, when they consistently generate profit?
I can only conclude that EDC is indeed a “Canadian success story.” The only way to shine a different light on EDC, it seems, is by twisting the facts.
Damien Brown-Graham, Manotick, Ont.