(April 26, 2007) To reduce greenhouse-gas emissions, Canada’s federal government plans to push Canadian corporations into buying carbon credits under the so-called “Clean Development Mechanism” (CDM), a system established under the Kyoto Protocol by which companies in rich countries buy “rights to pollute” from companies in poor countries. The poor-country companies, in exchange, promise to give up their own greenhouse-gas producing activities.
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.
Ottawa lends Delta money for Bombardier jets
(August 7, 2004) Subsidiary of troubled U.S. airline to use federal funds to buy regional jets.
Fortis Inc. acquires remaining 5 per cent interest in Belize Electric Company Limited
(May 21, 2004) Fortis Inc. has acquired
the remaining 5 per cent interest in Belize Electric Company Limited
("BECOL"), making it a wholly owned, indirect subsidiary of the
corporation.
Did Saddam Hussein buy support in Russia and the West? (Part II)
(March 4, 2004) The level and scope of the "Al-Mada" allegations have been startling. Along with Russian and Ukrainian oil giants, others on the list include Ukrainian political parties, a Canadian oilman, and a British politician.
How EDC can beat critics
(February 1, 2003) Is EDC making the world a worse place? There’s no way for ordinary Canadians to make an informed judgment because the Crown corporation simply doesn’t reveal enough information.
Are large hydro dams competitive?
(January 28, 2003) Workshop on the Changing Face of Electricity Markets in the Mekong River Basin hosted by WWF Indochina and the Mekong River Commission Phnom Penh, Cambodia.
Ethical guidelines proposed for multinationals
(December 13, 2002) An anti-corruption group, TRACE (Transparent Agents and Contracting Entities) has unveiled a set of guidelines that it says will help reduce corrupt practices by transnational corporations and their agents in the developing world.
EDC doles out cash as corporate backstop
(October 18, 2002) Money-making body.
Ex-diplomat helped funnel bribes: court
(September 18, 2002) Canada’s former consular representative in Lesotho was revealed this week to be at the centre of a bribery scandal that has seen a Canadian engineering firm convicted of bribery in order to win contracts on a massive hydroelectric dam project.
Letter to Pierre Pettigrew about Bill C-31, amending the EDC Act
(September 17, 2002) In a thousand quiet and unknown ways, speech is stifled.
Kyrgyz mine collapse spurs calls for review
(July 11, 2002) A coalition of environmental and civic groups is calling for an independent investigation of an open-pit gold mine in Kyrgyzstan where a worker was buried and presumed killed when a 200-metre mine wall collapsed on him.
EDC releases environmental and disclosure practices
(May 30, 2002) Export Development Canada (EDC) has released revised policies governing its environmental and disclosure practices following a 60-day comment period.
Romanian reactor’s faulty environmental assessment
(January 17, 2002) “This EA review is being conducted under a process with outrageous shortcomings . . .”
Bill C-31 passes third reading in Senate
(December 6, 2001) Senator Setlakwe comments at third reading of Bill C-31. Bill C-31 is read third time and passed.
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