An extra $60 million a year to Canadian corporations that invest in 'Africa" does not make up for the Government’s failure to increase aid funding in the 2017 budget.
Morneau has the funds to establish a Development Finance Institution but in the meantime what happens to the 50 million children who can’t go to school because there are insufficient funds?
Funds are needed NOW to build schools, train teachers, buy supplies AND to put into place anti-poverty tools to support local initiatives such as a development finance institution (DFI). It is not an either/or situation. The developing world needs both and Canada must do both. The desperate need for children to go to school must be a more important priority for Canada’s foreign aid. Click here to read what Minister Morneau has to say.