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Crown Corporations to Consider Personal Integrity of Persons Applying for Financial Assistance

Posted : Sat, 06 Sep 2008 15:10:22 GMT
Author : Agriculture and Agri-Food Canada
Category : Press Release
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OTTAWA, ONTARIO -- 09/06/08 -- Federal Agriculture Minister Gerry Ritz and the Honourable Michael M Fortier, Minister of International Trade, on behalf of the Government of Canada, today announced new considerations that will apply to the procedures of five crown corporations.

"The concerned crown corporations will immediately begin to review their policies and programs to ensure that due consideration is given to the personal integrity of persons applying for financial assistance or other benefits from the corporations," said Minister Ritz. "Due consideration will also be given to the effect that a proposed transaction would have on the corporation's reputation and its ability to attract and retain other persons or entities to use the corporation's services," he added.

"This provision will ensure that the government is diligent in helping responsible Canadians secure financial support to help grow the Canadian economy," said Minister Fortier.

The crown corporations concerned are: Farm Credit Canada, the Business Development Bank of Canada, the Canada Mortgage and Housing Corporation, the Canadian Commercial Corporation, and Export Development Canada.

Contacts:
Agriculture and Agri-Food Canada
Ottawa, Ontario
Media Relations
613-759-7972
1-866-345-7972

The Office of the Honourable Gerry Ritz
Margaux Stastny
Press Secretary
613-759-1059

Foreign Affairs and International Trade Canada
Trade Media Relations Office
613-996-2000
www.international.gc.ca

Office of the Minister of International Trade
Christopher Hilton
Director of Communications
613-992-7332


Copyright © 2008 Market Wire. All rights reserved.



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