Canada must lead global debt cancellation, like it did 25 years ago

As Canada considers its place in an increasingly volatile global order, Canadians want to see their country emerge as a voice of solidarity. It can start by rediscovering its leadership on debt cancellation and becoming a strong ally to countries and people burdened by unpayable debt.

As the late Pope Francis said regarding debt cancellation in this Jubilee year, 'more than a question of generosity, this is a matter of justice,' write Dean Dettloff and Beth Lorimer.Photograph courtesy of Flickr/Catholic Church in England and Wales

Opinion

BY BETH LORIMER, DEAN DETTLOFF

April 30, 2025

In 2000, Canada’s then-finance minister Paul Martin announced the cancellation of $700-million in debt for 11 of the world’s poorest countries. The move ...

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