New EDC human-rights policy lacks power, say workers and watchdogs
OTTAWA — Export Development Canada is declaring itself a leading human-rights defender, but workers groups and rights’ advocates say its new much-awaited policy fell short of what was needed.
The Crown agency that acts as a lender and insurer for Canadian firms operating abroad issued its first standalone human rights policy today, declaring itself to be “leading the way in the field of business and human rights” by setting standards for how companies it helps should behave abroad.
The United Steel Workers says the agency did not take advantage of an opportunity to show leadership in global finance, business and human rights.