cbernblog.ca

The Robin Cozgrove Prize for Ethics in Finance is an independent non-profit organization which was established in 2006 to honour the memory of young investment banker Robin Cosgrove, whose international travels and experiences led him to believe that “the finance sector should serve the common good as well as making profits.” In particular, Robin had [...]

The progressive nationalization of natural resources in some peripheral nations of the developing world has nary been more pronounced in recent years than with legislation passed by the governments of Venezuela, Bolivia, and Ecuador. These three nations are governed by leaders who have been heavily influenced by political ideologies which call for national governments to take control over their natural resources, as part of an effort to become self-sustaining economies free of foreign influence.

This past January, Toronto hosted the World Bank’s Compliance Advisor Ombudsman (CAO) as part of a two-day workshop given by Canada’s Office of the Extractive Sector Corporate Social Responsibility Counsellor. The purpose of the visit was to develop a dispute resolution mechanism whereby Canadian companies engaging in the extractive sector would be able to constructively [...]