Are the mandate and strategic objectives of Canada’s participation in the debt relief initiatives still relevant?
Evidence from all sources indicated that the mandate and strategic objectives of Canada’s participation continue to be relevant. For example, there are still 14 countries remaining in the HIPC process that have not proceeded to the completion point. In addition, with the current global financial situation, there may be more countries that fall into financial difficulties and require debt cancellation. Our overall conclusion is that Canada should continue participating in the bilateral and multilateral International Debt Relief Initiatives. 1(c): Is there still a need to compensate Canadian agencies (i.e., EDC and CWB) for provision of debt relief services? Some of the interviewees questioned the need to continue making such payments to EDC, given its current strong financial situation, and the political/economic situation of several of the remaining debtor countries. Many of these countries are recognized to be in a weak political and economic state, and are not expected to stabilize s
Related Questions
- Can the Metis Settlements Strategic Training Initiatives Society (STI) obtain financial information on members from the Student Finance Board?
- How does a UDC vision or roadmap tie into other institutional strategic planning initiatives?
- What is the timeline for implementing the Strategic Initiatives plan?
