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REPORT ON CANADA'S EXPORT DEVELOPMENT ACT TABLED IN PARLIAMENT

July 21, 1999 (10:00 a.m. EDT) No. 166

REPORT ON CANADA'S EXPORT DEVELOPMENT ACT

TABLED IN PARLIAMENT

International Trade Minister Sergio Marchi announced today the tabling of the report by the law firm Gowling, Strathy & Henderson reviewing Canada's Export Development Act.

"The Gowling report meets our statutory obligation to review Canada's Export Development Act and to provide a report to Parliament," said Minister Marchi. "The Gowling team was tasked with the most comprehensive review of the Export Development Corporation's trade finance activities that has ever been done. I am pleased that their report can now be made available to parliamentarians, as well as to interested members of the public."

The tabling of the report meets the terms of the Export Development Act, which states that the Minister must cause a review of the Act to be initiated in 1998, and then must submit a report to Parliament one year later for review by a parliamentary committee.

Comments concerning the report are welcome, and should be forwarded to the Minister prior to October 8, 1999. All comments received will be shared with the House of Commons Standing Committee on Foreign Affairs and International Trade, which will be responsible for reviewing the report.

The complete text of the Gowling report is available on the Internet at: http://www.infoexport.gc.ca/section4/menu-e.asp

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For further information, media representatives may contact:

Leslie Swartman

Office of the Minister for International Trade

(613) 992-7332

Media Relations Office

Department of Foreign Affairs and International Trade Canada

(613) 995-1874


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Last Updated:
2005-04-15
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