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The Pros and Cons of Canada’s Foreign Aid

The Pros and Cons of 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.

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The Pros and Cons of Canada’s Foreign Aid

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  1. The Pros and Consof Canada’s Foreign Aid

  2. Pros • Support development and reduce poverty. • Makes for a more secure world. • Develops good relations with other countries. • Hopefully they will return the favour.

  3. 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.

  4. Develops military alliances. • It’s the “right thing” to do. Reduces human suffering.

  5. 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.

  6. 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.

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