Mr. Speaker, I believe it is time that Canada began to take a lead role in the establishment of alternative sustainable institutions.
With the rapid globalization of capital, the people of the world need more than ever institutions committed to democratic governance, decentralized decision making, transparency, community involvement, full and open public participation and full public accountability. We need institutions committed to sustainable development which promote social and economic justice including global health and education, energy conservation, renewable energy, micro-enterprise, sustainable agriculture and forestry, mass transit and the reversal of economic degradation.
Canada is hosting the G-7 in Halifax in June. We can begin this important process by taking a lead role as the host nation in calling for and working toward a full and fundamental review of the policies and practices of the 50-year old Bretton Woods institutions, projects and programs.