Category: Corruption

See no evil: How Canada is bankrolling companies accused of bid-rigging, graft and human-rights violation

A Globe and Mail investigation of Export Development Canada (EDC) reveals “a pattern of secrecy and lax supervision”. Probe International’s Patricia Adams says EDC is an unaccountable “institution out of control”.

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SNC-Lavalin insider’s bribery allegations spark probe by Crown agency that loaned the firm billions

Export Development Canada launches review of 2011 deal with engineering company. This CBC News report includes comments from Patricia Adams of Probe International who says if there’s any truth to the allegations EDC money was used for bribes, it implicates all Canadians: “[EDC] operates on the Queen’s credit card. That means that it operates on our credit cards.”

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.