Export Development Canada has perfected the art of lending billions of taxpayer dollars to scandal-ridden foreign buyers. But its transparency could use some work. By Richard Poplak | Published in The Walrus
Several corporations financed by Export Development Canada are currently being investigated for corruption by U.S. government authorities. In correspondence with EDC, we seek clarity on how this public agency prevents corrupt practices and what steps it takes when clients are investigated for corruption. This letter responds to correspondence received from EDC.
While several EDC clients are investigated for corruption by U.S. authorities, the Halifax Initiative seeks clarity from EDC on its anti-corruption policies and practices.