Category: EDC

Kennedy Jr. lobbies hard against Chile dam project

(April 1, 2008) HidroAysén project a threat to Chile’s “pride and soul” says NRDC attorney

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Doug Tompkins: Environmental evaluation system a "farce"

(February 4, 2008) HidroAysen, a joint entity formed by Spanish-Italian electricity giant Endesa and Colbun, a Chilean energy company, plans to build five massive hydroelectric dams along Region XI’s Baker and Pascua Rivers. The Baker River, Chile’s largest, is in fact just a few miles from Tompkins’ Estancia Chacabuco, a massive stretch of pristine steppe land that Tompkins would eventually like to donate to the Chilean government.

PRESS RELEASE Export Development Canada keeps taxpayers in the dark, says Rosen and Associates Limited

(June 14, 2005) A report by one of Canada’s leading forensic accounting firms, Toronto-based Rosen and Associates, criticizes the 2003 annual report of Export Development Canada for not differentiating between commercial and politically-mandated activities. EDC is a crown corporation that in 2003 backstopped $51.9 billion in exports and international investments by Canadian enterprises. The Rosen and Associates study focused on the financial reporting relating to EDC’s loan portfolio.