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Canadian Mining, Oil & Gas Companies to Clean Up Shop Overseas
Numerous studies have highlighted the significant environmental and human rights impacts of Canadian oil, gas and mining operations overseas.
The Halifax Initiative, a project of Tides Canada, applauds the filing of a new bill that seeks to ensure that corporations engaged in mining, oil or gas activities that receive government support "act in a manner consistent with international environmental best practices and Canada’s commitments to international human rights standards.”
Having consistently called for greater accountability of extractive industries overseas, the Halifax Initiative is pleased to see Liberal MP John McKay introduce the bill which also covers investments made by the Canada Pension Plan in extractive companies.
Learn about BillC300 An Act respecting Corporate Accountability for the Activities of Mining, Oil or Gas in Developing Countries
The Halifax Initiative is a coalition of development, environment, faith-based, human rights and labour organizations working for global economic democracy and justice. Canadian NGOS formed The Halifax Initiative in December 1994 to catalyse fundamental reform of the International Financial Institutions (IFIS), namely the World Bank and the International Monetary Fund. Today, the Halifax Initiative has established itself as the Canadian presence for public interest policy development and education on the IFIS.
