In this letter to The Hill Times, we question Export Development Canada's claim that it's improving the social performance of companies it supports by “leveraging its financial relationship,” and call for legal reforms to ensure accountability.
Whatever happened to Canada’s review of non-tax fossil fuel subsidies? A letter to the environment minister
Canada has pledged to end inefficient fossil fuel subsidies by 2025. Last year the government launched a review of federal non-tax measures that benefit fossil fuel companies and may qualify as inefficient subsidies. In this letter, we ask when the review will be finalized and whether the full results will be made public.
Canada's Export Development Act is under review. In this submission to the government, Above Ground and civil society groups from across Canada call for legal reforms to bolster the accountability and transparency of Export Development Canada.
In this submission to the federal government, we call on Ottawa to reform the Export Development Act to prohibit Export Development Canada from supporting fossil fuel companies and projects.
Canada's export credit agency is reviewing its environmental and social risk management policies. Given the agency's repeated support for companies facing credible allegations of human rights abuse, environmental damage or other serious harms, such a review is long overdue.
Even as it claims to be working to “tackle climate change,” Canada's export credit agency continues to provide roughly 10 billion dollars in support to fossil fuel companies each year.