(No. 111 - March 19, 2010 - 6:25 p.m. ET) The Honourable Peter Kent, Minister of State of Foreign Affairs (Americas), today announced he will attend the Annual Meeting of the Board of Governors of the Inter-American Development Bank (IDB) in Cancún, Mexico, from March 20 to 23, 2010.
“Canada is an active member that values its partnership with the Inter-American Development Bank in the delivery of our common social and economic development objectives for the region,” said Minister of State Kent. “The Governors Meeting will be an opportunity to continue discussions about ongoing efforts to establish them as a ‘Better Bank.’ Canada will also encourage the Bank to continue to play an active role in Haiti’s reconstruction.”
The IDB is the main source of multilateral financing for economic, social and institutional development in Latin America and the Caribbean. Canada is a non-borrowing regional member.
In response to the earthquake in Haiti, the IDB exceptionally provided emergency grant resources for immediate relief. It also formed a special task force to coordinate with other bilateral and multilateral agencies involved in the reconstruction of Haiti, and to prepare the Bank’s strategy and work program in the immediate aftermath of the earthquake.
Minister of State Kent will address the IDB plenary session on March 22. He will also invite IDB delegates to the IDB 2011 annual meeting, which will be held in Calgary, Alberta. “I know that the city and people of Calgary are looking forward to welcoming the delegates with first-class Canadian hospitality and the beauty of a Canadian winter,” added the Minister of State.
For more information, please consult Canada’s partnership with the Inter-American Development Bank.
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