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.
While other public institutions pull out of fossil fuels, Canada's export credit agency continues to heavily support oil companies vying to expand production in one of the world's most emissions-intensive oil fields.
Warnings of corruption and social and environmental harm accompanied the Hidroituango venture from its earliest days. Yet Canada’s export credit agency helped make the project happen, with a $466-million loan to EPM, the company developing the dam.
Over 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.
Government of Canada turns back on communities harmed by Canadian mining overseas, loses trust of civil society
Today 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.
Villagers in Brazil need help to test the safety of their water. They live near a Canadian-owned gold mine and fear that their water supply may be contaminated by toxic waste.