Posts Tagged 'development finance'

‘NEW, INNOVATIVE, BLENDED’ – CANADA’S PROPOSED DEVELOPMENT FINANCE INITIATIVE

‘NEW, INNOVATIVE, BLENDED’ – CANADA’S PROPOSED DEVELOPMENT FINANCE INITIATIVE

McLeod Group Blog, May 11, 2015

In the 2015 Federal Budget, the Conservative Government announced the creation of a Canadian development finance ‘initiative’. Details remain scanty. In the name of ‘coherence and effectiveness’, the budget states that the government has established the new initiative to enhance private sector development, achieve meaningful development outcomes, and raise people out of poverty.

Despite claims about advancing ‘new’, ‘innovative’, and ‘blended’ financing by involving the private sector, neither promoting the role of the private sector ...

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