Department of Finance Consultation on Official Development Assistance, 2022
Current Status: Open
The Department of Finance today launched consultations on its Official Development Assistance disbursements. This gives stakeholders an opportunity to comment on whether the Department’s current international assistance payments meet the criteria stated under the Official Development Assistance Accountability Act. These payments consist of disbursements to the World Bank Group’s International Development Association, the Multilateral Debt Relief Initiative, the International Finance Corporation, and the Asian Infrastructure Investment Bank, as well as the Department’s bilateral loan to Ukraine and loans through the International Monetary Fund Administered Account for Ukraine.
The Official Development Assistance Accountability Act came into force in 2008. Its purpose is to ensure that Canadian Official Development Assistance is provided in a manner that:
- Contributes to poverty reduction;
- Takes into account the perspectives of the poor; and,
- Is consistent with international human rights standards.
Who is the focus of this consultation?
Canadian civil society organizations, governments, international agencies, academics, and other participants in this consultation should provide the following information when submitting their comments:
- Full name of the official;
- Name of the organization;
- Full mailing address, including postal code;
- Telephone number, including area code; and
- Reply email address.
Submissions should be emailed to email@example.com.
Key questions for consideration:
The consultation seeks input from Canadian civil society organizations, governments, academics, and international agencies on three guiding questions.
- Do the Department’s Official Development Assistance payments to the World Bank’s International Development Association, the Multilateral Debt Relief Initiative, the International Finance Corporation, and the Asian Infrastructure Investment Bank, as well as the Department’s bilateral loan to Ukraine and loans through the International Monetary Fund Administered Account for Ukraine, satisfy the criteria concerning poverty reduction, perspectives of the poor, and international human rights, as set out in the Official Development Assistance Accountability Act?
- Does the Report to Parliament on the Government of Canada’s International Assistance 2020-2021 help to improve transparency on international assistance? What changes could be made?
- In addition to the report to parliament, what other steps could the government take to improve reporting against the Bretton Woods and Related Agreements Act and the European Bank for Reconstruction and Development Agreement Act?
Our conversation doesn’t end here.
We’ll be collecting your feedback into a report that summarizes what we heard, and this report will be provided to the Deputy Prime Minister and Minister of Finance as well as to the Minister of Tourism and Associate Minister of Finance. They will consider your input alongside the research our economists have been doing to improve the effectiveness of the Department of Finance’s international assistance contributions.
Those providing comments are asked to indicate clearly the name of the individual or the organization that should be identified as having made the submission. In order to respect privacy and confidentiality, please advise when providing your comments whether you:
- consent to the disclosure of your comments in whole or in part;
- request that your identity and any personal identifiers be removed; or
- wish that any portions of your comments be kept confidential (if so, clearly identify the confidential portions).
Information received through this comment process is subject to the Access to Information Act and the Privacy Act. Should you indicate that your comments, or any portions thereof, be considered confidential, the Department of Finance will make all reasonable efforts to protect this information.
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