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Foreign Affairs committee  Thank you. I can understand, if you were to believe everything you'd heard at this committee and read in the press for the last two weeks about Canadian mining companies overseas, that you would be thinking that Canadian mining is at a state of war overseas, that we're doing ba

November 26th, 2009Committee meeting

Mac Penney

Foreign Affairs committee  I'm just saying that I think we need to have a solution that's commensurate with the problem. Whether you call it a counsellor, an ombudsman, or whatever you want to call it, what this bill lacks and what we require is a clear process, with clear standards, due process, procedura

November 26th, 2009Committee meeting

Mac Penney

Foreign Affairs committee  Just speaking for ourselves, we currently have three different financial arrangements with the EDC. Two are specifically related to projects; one is a general environmental line of credit. In terms of partnerships in other countries, we have joint venture arrangements with one

November 26th, 2009Committee meeting

Mac Penney

Foreign Affairs committee  Thanks, Peter. One of the many sanctions of the bill is the withdrawal of EDC financing. It's been said variously that this is a modest or a mild sanction. Somewhat paradoxically, however, proponents of the bill say that what makes this bill and the model approach to CSR superio

November 26th, 2009Committee meeting

Mac Penney

Foreign Affairs committee  We gave Ms. Aloi that option, sir, and she respectfully declined.

November 26th, 2009Committee meeting

Mac Penney

Foreign Affairs committee  Mr. Chairman, honourable members, my name is Mac Penney, and I am with Kinross Gold Corporation. I'm joined here today by Dina Aloi, the vice-president of corporate social responsibility for Goldcorp, and by Peter Sinclair, a senior director of corporate social responsibility for

November 26th, 2009Committee meeting

Mac Penney