Last week Export Development Canada (EDC) announced that a review it commissioned to examine support for an SNC-Lavalin project in Angola cleared its staff of any wrongdoing. Yet the 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 representatives of the government’s Multi-Stakeholder Advisory Body on Responsible Business Conduct Abroad resigned, citing an erosion of trust and confidence in the government’s commitment to corporate accountability.
Press Releases, NewsJoin our mailing list
Your contribution allows us to pursue our work holding companies to account.
Donate