The Pros and Cons of Canadas Foreign Aid - PowerPoint PPT Presentation

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The Pros and Cons of Canadas Foreign Aid

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Aid creates jobs in the receiving country. ... careful that aid does not create bitterness or enemies by helping one country and not another. ... – PowerPoint PPT presentation

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Title: The Pros and Cons of Canadas Foreign Aid


1
The Pros and Consof Canadas 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.
  • Its 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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