(July 6, 2000) The OECD is tired of Canada’s EDC flouting international trade rules, writes Patricia Adams. Now the clock is ticking toward a confrontation.
In defence of the EDC
(June 6, 2000) Patrick J. Lavelle, chairman of the board of the Export Development Corporation, responds to Patricia Adams.
In defence of the EDC
(June 6, 2000) Patrick J. Lavelle, chairman of the board of the Export Development Corporation, responds to Patricia Adams.
Secret of EDC’s ‘success’: Taxpayers’ money
(May 25, 2000) Patricia Adams’ controversial National Post article examines the EDC.
‘I think the EDC should be shut down’: Q&A
(May 19, 2000) Paul McKay discusses the EDC with Patricia Adams, Executive Director of Probe International.
‘I think the EDC should be shut down’: Q&A
(May 19, 2000) Paul McKay discusses the EDC with Patricia Adams, Executive Director of Probe International.
Take my loan, please
(May 15, 2000) Canadian policy-makers have a curious tendency to think hybrid public-private organizations offer the best of all possible worlds: the efficiency of the private sector and the financial muscle of government working smoothly to further the public interest.
A tale of two export banks
(May 14, 2000) The U.S. Export-Import Bank posts details of its transactions on behalf of American companies on the Web for the entire world to see. Its Canadian counterpart, however, conducts its business behind closed doors.
Liberal donors get billions in EDC help
(May 13, 2000) Many of the Liberal party’s biggest corporate donors have collectively received billions in financial assistance from the taxpayer-backed Export Development Corp. — on whose board Liberal appointees of Prime Minister Jean Chretien form the powerful nucleus.
Crown agency cloaks deals in secrecy
(May 9, 2000) While the EDC maintain its standard banking procedure not to disclose details of loans, a former bank regulator is calling for an independant review of the agency’s practises.
Pierre’s math
(March 23, 2000) When first challenged over the Export Development Corporation, Pierre Pettigrew asserted that it made commercially sound loans. This wasn’t very plausible, since the EDC exists precisely to make loans that commercial institutions won’t.
Opposition slams ‘sweetheart deals’
(March 22, 2000) The Export Development Corporation has shelled out more than $685 million in long-term, interest-free loans that are not repayable for up to 55 years to developing countries such as China, Pakistan and Gabon.
‘Bottomless hypocrisy’ demands scrutiny
(March 21, 2000) An esteemed Canadian economist has called for a royal commission to probe endemic secrecy within the taxpayer-backed Export Development Corp.
Crown Corp. is owed $22 billion for mystery loans
(March 18, 2000) $2.8 billion in bad debts is almost 3 times amount of Shovelgate grants; Even Canada’s auditor general doesn’t know who owes what.
Peddling yesterday’s technology: Aid for large hydro dams must be stopped
Speech to the World Commission on Dams presented by Probe International’s Grainne Ryder