International engagement with EITI
Canada is an EITI supporting country, is represented on the EITI Board, and is the current Chair of the Validation Committee. Canada hosted a meeting of the Validation Committee and a Roundtable with Canadian stakeholders and the EITI Secretariat in Ottawa in February, 2017.
Support to EITI implementing countries
Bilaterally, Canada has provided funding to support EITI implementation and other extractives revenues transparency initiatives in Peru, Tanzania, Indonesia, Senegal, Mozambique and Mongolia. In 2013 Tanzania and Peru were identified as G8 Partner Countries and trough this initiative Canada supported the EITI implementation process in both countries.
Financial contribution to the international EITI
Since 2007, as a supporting country, Canada has contributed a total USD$838,000 to the EITI Secretariat, and most recently CAD$ 132,00 in 2017, and CAD$ 100,000 in 2016.
Between 2007 and 2015 Canada was a leading donor to the EITI Multi-Donor Trust Fund (MDTF), providing a total of US$12.5 million and was the largest donor to the Extractives Industries Technical Advisory Facility (EI-TAF), with a contribution of US$10 million.
In 2016, Canada’s outstanding balance (US$4.5 million) committed to the now-closed MDTF and EI-TAF was re-profiled to the World Bank’s new Extractive Global Programmatic Support (EGPS) to be dispersed by 2020. The EGPS is helping to facilitate and build capacity for EITI implementation in several developing countries, while also paving the way for broader policy reform in the extractive sector
*The amounts said to be contributed to EITI are figures from the country. For the audited EITI International Secretariat revenue figures, please consult the EITI financial accounts for that year.
Other relevant information
Although Canada is not an implementing country, Canada’s Extractive Sector Transparency Measures Act (ESTMA) provides an equivalent level of reporting to the EITI Standard. The ESTMA requires commercial entities that are: active or have assets in Canada, listed on a Canadian stock exchange, or meet certain size-related thresholds, to publicly report, on an annual basis, payments totalling $100,000 or more which are made to all governments both in Canada and abroad related to the commercial development of oil, gas, or minerals. Types of payments reported include: taxes, royalties, fees, production entitlements, bonuses, dividends, and infrastructure improvement payments. There may be opportunities for increased coordination between the ESTMA program and the EITI. A background on ESTMA can be found here: http://www.nrcan.gc.ca/mining-materials/estma/18180.
Mark Pearson, Director General, Planning, Delivery and Results, Natural Resources Canada
Lina Holguin, Senior Policy Analyst, Natural Resources and Governance Division, Global Affairs Canada