Last week EDC announced that a review of its support for an SNC-Lavalin project in Angola cleared its staff of any wrongdoing. Yet the review process raises more questions than it answers.
Opinion PiecesThe oil sands industry’s heavy environmental toll has prompted other investors to walk away. Why is our export credit agency bankrolling its rapid expansion?
Reports and case studiesWarnings of corruption and social and environmental harm accompanied the Hidroituango venture from its earliest days. Yet twice Export Development Canada (EDC) financed EPM, and at least one of EDC’s loans was used to finance the company’s flagship project.
Reports and case studiesOver the past decade Kinross Gold has dramatically expanded its Morro do Ouro mine, displacing traditional communities in the process. Despite these abuses, Kinross Gold remains a frequent client of Canada’s export bank.
Reports and case studiesToday all fourteen civil society and labour union members of the government’s responsible business advisory body resigned, citing an erosion of trust in the government’s commitment to corporate accountability.
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