Search results for ‘Canadian Commercial Corporation

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.

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.

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.