Export Development Canada

Export Development Canada

Bombardier-Gupta affair provokes timely debate on accountability of EDC

Ongoing media coverage regarding the sale of a Bombardier jet to the Gupta family has triggered an important public debate about the accountability and transparency of Export Development Canada. With Parliament set to review EDC’s governing legislation this year, the timing for such a discussion could not be better.

Canadian government includes EDC support in its review of fossil fuel subsidies

Last fall we wrote to Canada’s environment minister urging that the government include in its review of fossil fuel subsidies the billions in support it provides to oil and gas companies each year through Export Development Canada (EDC). We have now received confirmation that “EDC has been included as a part of this review.”

Submission to UN working group on business and human rights

Above Ground and other members of the Canadian Network on Corporate Accountability provided the UN working group on business and human rights with input during its 2017 country visit to Canada. This submission provides the working group with complementary and updated information in anticipation of the release of its Canada visit report.

Mexican chapter in the Odebrecht saga underscores need to bolster transparency at EDC

When allegations emerged last fall that the Mexican president’s 2012 election campaign was funded in part by a subsidiary of Brazilian construction giant Odebrecht, the news barely made headlines in Canada. But this development in the Odebrecht scandal should give us pause, because it raises crucial questions about the anti-corruption and disclosure policies of our export credit agency.