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

Sat Sep 6, 2008 11:10am EDT
  OTTAWA, ONTARIO, Sep 06 (MARKET WIRE) -- 
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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