With regard to the government report entitled "2018 Export Development Canada Legislative Review" presented in July 2019, which contains 64 findings: (a) what actions is the government taking to reform Export Development Canada (EDC) in light of this report; (b) with respect to finding 51, will the Minister of Small Business, Export Promotion and International Trade propose legislation to amend the Export Development Act to cause EDC to observe the higher disclosure standard expected by stakeholders; (c) with respect to finding 53, will the minister propose legislation to amend the Export Development Act to (i) establish a standard to be used by EDC in its assessment of companies’ human rights and environmental performance, (ii) require that EDC undertake due diligence to assess the human rights, environmental and corruption risks associated with transactions and companies, (iii) prohibit EDC from supporting corporate activity that causes or contributes to human rights violations or significant environmental damage; and (d) with respect to finding 55, will the minister propose legislation to amend the Export Development Act to ensure that EDC’s business is conducted in a way that supports Canada in achieving its international commitments to reduce emissions in the fight against climate change, including by prohibiting EDC from supporting (i) projects that would increase extraction of coal, oil and gas, (ii) companies who rely significantly on coal for their operations, (iii) companies whose primary business is the export of coal, oil and gas?
In the House of Commons on June 14th, 2021. See this statement in context.