July 22, 2008

Canada, World Bank and the IMF

Dear All

In 2008, Finance Canada made substantial improvements to its annual report to Parliament on the World Bank and IMF. Now, for the first time ever, the government has disclosed its positions on a whole range of issues.

Accordingly, please find attached (and on-line) a policy brief analyzing some of Canada's positions around governance and accountability at the Bank and Fund, Bank support for fossil fuels, climate change, conditionality and the Bank's new strategic focus, among other things.

Presenting short background information on each of the issues, the brief critiques both the Bank and IMF's take on these issues, and the Canadian government's own position, and presents some policy suggestions for remedying the gaps in all three approaches.

Sincerely,

Fraser Reilly-King
--
Coordinator
Halifax Initiative Coalition

Coordonnateur
La coalition Initiative d'Halifax

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153 Chapel Street, Suite 104
Ottawa, ON K1N 1H5
CANADA
Tel: (+1) 613 789-4447
Fax: (+1) 613 241-4170
Skype: halifaxinitiative
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Read the Final Report from our converence
on the "Changing Face of Global Development
Finance: Impacts and implications for aid,
development, the South and the Bretton
Woods Institutions"


http://www.halifaxinitiative.org/index.php/reports_analysis/1086

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