Activists call the agency “essentially self-governing” in the areas of environment, human rights and anti-corruption.
(February 13, 2013) EDC environmental decisions virtually immune from judicial review. Crown corporation sets standards and can exempt projects on its own say so.
(January 7, 2013) Canada’s Access to Information Act perversely gives Export Development Canada (EDC) the legal power to keep records of its operations secret, charges Probe International. In its submission to the Office of the Information Commissioner’s review of Canada’s 30-year-old Access to Information Act, Probe International declares it is time to reform the Act and remove EDC’s extraordinary privileges.
PRESS RELEASE: Export Development Canada environmental assessment for Romanian CANDU nuke plant a sham, EDC critic
(January 17, 2002) New legislation protects EDC from legal action.
(January 17, 2002) “This EA review is being conducted under a process with outrageous shortcomings . . .”
(May 16, 2001) More than 90 per cent of Export Development Corporation projects examined in a scathing report by the auditor general were not properly assessed under the corporation’s environmental review process.
(May 15, 2001) The Senegal River Basin Development Project, a US$1-billion dam project, completed in 1988, has already brought economic ruin, malnutrition, and disease to hundreds of thousands of West African farmers, and is expected to spread more misery when it starts generating power in 2002.
(May 15, 2001) Auditor General of Canada says that EDC needs to address gaps in its environmental review process and to be more open with the public, particularly concerning environmentally risky projects.
(August 21, 1995) The disaster in Guyana began in the early morning hours of Saturday August 19: at a Canadian-owned gold mine, a red, poisonous sludge erupted through a breach in an earthen dam which was holding back a waste pond.
Subsidies to Canadian corporations are fueling the Third World’s debt and destroying its environment
(March 21, 1990) It contributes to the Third World’s debt and to the destruction of the Third World’s environment. It provides handouts to Canadian corporations, and administers a muti-billion dollar federal government pot called the “Canada Account,” which provides still more handouts and contributes to our own deficit. It acts so irresponsibly that Kenneth Dye, Canada’s Auditor General, rebuked it for misleading the public by failing to follow “generally accepted accounting principles.”