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.
Hats off to The Globe and Mail for its reporting on Bombardier’s dealings in South Africa. Without it, Canadians may never have learned of allegations of corruption surrounding two South African contracts landed by the firm.
When allegations emerged last fall that the Mexican president’s 2012 election campaign was funded in part by a subsidiary of Brazilian construction giant Odebrecht, the news barely made headlines in Canada. But this development in the Odebrecht scandal should give us pause, because it raises crucial questions about the anti-corruption and disclosure policies of our export credit agency.