Upload
margaret-thompson
View
215
Download
1
Embed Size (px)
Citation preview
The Pros and Consof
Canada’s Foreign Aid
Pros
• Support development and reduce poverty.
• Makes for a more secure world.• Develops good relations with other
countries.• Hopefully they will return the
favour.
• Enhances foreign trade. Aid creates jobs in the receiving country. Those people spend money, hopefully on Canadian goods.
• A lot of aid is “tied aid”: receiving country must spend the money in Canada.
• Therefore helps Canadians; a form of government aid to industry.
• Develops military alliances.• It’s the “right thing” to do.
Reduces human suffering.
Cons• A burden on taxpayers; taxes high
enough.• A lot of foreign loans never get repaid.• This just causes the receiving country
to be even more poor as it tries to pay the loans off.
• Creates dependency, not independence.
• Sometimes foreign aid gets spent in the wrong areas: the military and not on the poor.
• Have to be careful that aid does not create bitterness or enemies by helping one country and not another.
• A lot of problems still in Canada (eg., Native communities) so why spend hard earned taxpayers dollars in another country.