(May 19, 2000) Paul McKay discusses the EDC with Patricia Adams, Executive Director of Probe International.
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.
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.
Guardians of South American Rainforest Charge Canada with Destroying It
(February 1, 2000) In the last remaining tropical rainforest of Colombia’s Caribbean coast, the Embera Katio indigenous people are fighting for their survival and for compensation for the destruction of their rainforest. The Urrá dam, built in part with financing from Canada’s Export Development Corporation, is the cause of their woes.
Statement to the Standing Committee on Foreign Affairs and International Trade on the Review of the Export Development Act
(November 16, 1999) Patricia Adams’s Statement to the Standing Committee on Foreign Affairs and International Trade
Probe Alert June 1999
Villagers occupy World Bank dam site to demand compensation
Forgive the debt, then stop the lending
(May 17, 1999) The world press is in a flap over Third World debt relief, one of the hot items on the agenda of the G7 leaders’ summit scheduled to take place in Cologne this weekend.
The debts of corruption
(May 10, 1999) A global movement is asking Western nations to forgive ‘odious’ debt extended to despotic regimes. The cause has merit, but opposition is building.
All aboard the EDC money train: The Export Development Corporation uses government money to prop up smokestack industries while discouraging private-sector competition in the credit insurance business
(January 11, 1999) The Export Development Corporation funds environmentally-damaging industries with taxpayer money, writes Patricia Adams.
Submission to the Export Development Act Review, Part 2
(December 21, 1998) EDC Sinks Third World Citizens Debt
Submission to the Export Development Act Review
(December 21, 1998) Export Development Corporation is unnecessary, costly and unaccountable. Misleads the Canadian public is an environmental wrecker. Patronage agency should be shut down. By Patricia Adams.
Debt creating aspects of export credits
(August 1, 1998) Export Credit Guarantees should, as a rule, only be extended for development purposes. However, increases in export credit guarantees seem to reflect an exporter-driven drive for business, rather than a borrower-driven need for funding.
Patronage Canada
(April 2, 1997) Probe International’s Executive Director, Patricia Adams, looks at some of the disastrous projects backed by the Canadian Crown corporation, the Export Development Corporation.
It’s time for the World Bank to close its doors
(October 22, 1996) For more than a decade, citizens’ groups from around the world have been trying to stop the World Bank from wreaking environmental havoc, financial ruin, and social harm throughout the Third World.
How to kill the World Bank
(December 9, 1994) When the World Bank celebrated its golden anniversary in Madrid in early October, it promised a new and revitalized "vision" to alleviate Third World poverty.
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