|
|
Insuring Canada's exports: the case for reform at export development Canada.(Public Services)
- Article from:
-
C.D. Howe Institute Commentary
- Article date:
-
December 1, 2007
- Author:
- Kotowski, Maciej
|
Copyright informationCOPYRIGHT 2007 C.D. Howe Research Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The Study in Brief
With Parliamentary review of the Export Development Act due in 2008, the federal government should seize the opportunity to streamline the operations and priorities of Export Development Canada (EDC). Straightforward economic reasoning and ongoing developments in the global financial services industry call into question the scope of financial services now marketed by EDC. Policymakers should consider restructuring EDC's operations to create a truly competitive export finance and export insurance environment for Canadian companies.
This Commentary contends that the privatization of EDC's short-term insurance portfolio is an overdue and easily ...