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A Canadian
coalition for global economic democracy
Une coalition canadienne pour la
démocratie économique mondiale
WHO WE ARE
The Halifax Initiative
is a coalition of environment, development, social justice and faith
groups deeply concerned about the policies and practices of the
international financial institutions and committed to their
fundamental reform. Members and associate members of the Coalition
include:
Canadian Conference of
Catholic Bishops, Social Affairs Office
Canadian
Council for International
Cooperation
Canadian Labour Congress
CUSO
Ecumenical
Coalition for Economic Justice
Inter-Church Coalition
on Africa
Inter-Church
Committee for Human Rights in Latin
America
International Centre for
Human Rights and Democratic Development
North-South
Institute
Oxfam
Canada
RESULTS Canada
Sierra Club of Canada
Social Justice Committee of
Montreal
World Interaction Mondiale
The Halifax Initiative was formed in the context of an
international movement of non-governmental organizations focused on
evaluating the role and record of the Bretton Woods Institutions at
the time of their 50th Anniversary. Canadian NGOs formed the Halifax
Initiative in December 1994 to ensure that demands for fundamental
reform of the international financial institutions were high on the
agenda of the G7's 1995 Halifax Summit. The Halifax Initiative has
established itself as the Canadian presence for public interest
advocacy and education on international financial institutional
reform.
OUR
GOALS- Ending the unsustainable policies and practices of the
international financial institutions.
Contributing to the articulation of an
alternative vision of environmentally and socially sustainable
development.
OUR OBJECTIVES
- stop all
lending for environmentally and socially destructive
projects;
- pursue
cancellation or reduction of multilateral debt;
- investigate and develop a mechanism(s) to control
international currency speculation;
- halt
structural adjustment programmes as currently constituted so as
to prevent further social and ecological damage;
- fundamentally reform
structures and operations to incorporate democratic governance,
transparency, decentralized decision-making, community
involvement, full and open public participation, and full public
accountability; and work to ensure that the macroeconomic
policies favoured by Bretton Woods institutions work towards and
not against the creation of common
wealth.
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