United NationsDepartment of Economic and Social Affairs Sustainable Development

Canada

Canadian Intervention
Industrial Development Intervention
10:00 am ? 1:00 pm, Thursday May 4, 2006
Conference Room 4
Thank you Mr. Chairman,
Canada has identified private sector development as a priority for international assistance
based on the recognit ion that the achievement of the Millennium Development Goals
and, ultimately, poverty reduction, is not possible without a strong, dynamic private
sector in developing countries to drive rapid and sustained growth of income and
employment opportunities for the poor, and to enable developing countries to mobilize
domestic and international financing for development.
To make a sustainable contribution to poverty reduction, growth must be led by the local
private sector, ranging from firms and cooperatives in the formal sector to microentrepreneurs
in the informal sector. Small and medium sized enterprises have the
potential to play a major role in growth.
As such, Canada supports many joint efforts to help develop the local private sector in
developing countries.
We contribute to the International Model Forest Network. To date, many model forests
revolve around developing and strengthening small and medium sized enterprises within
the resource sector and thus improving the local economy and key forest based industries.
Canada has worked with the oil and gas sector in parts of South America helping them to
develop social guidelines and to relate harmoniously to communities and governments
through dialogue and integration of social dimensions into their projects. Through this
effort, Canada has worked to foster a better understanding of industrial development
among indigenous peoples, improve mechanisms for including indigenous peoples in
industry development plans, provide mechanisms for conflict resolution between industry
and indigenous peoples and to promote a more equitable distribution of benefits of
industrial development among all stakeholders.
Canada also participates in the Program for Building African Capacity for Trade. It is a
joint programme provided by the International Trade Centre and Trade Facilitation Office
Canada. This program targets primarily small and medium sized businesses and it
provides practical assistance to enhance the capacity of the African private sector to do
business internationally and to promote their exports.
And finally, Canada would like to highlight our successful ?Sustainable Cities Initiative.?
This initiative works directly with 16 cities on 5 continents to provide practical solutions
to their industrial development needs. This program shares our considerable experience
in the areas of eco-efficiency, corporate social responsibilities, the use of newer and
cleaner technologies, life cycle management, environmental management systems, and
standards certification.
Mr. Chairman, with all that being said, Canada recognizes the importance of developing
the local private sector so that there can be sustained growth, but it has to be done
correctly. The examples of Canada?s efforts in this area all come in the form of
partnerships. Partnerships are effective in leveraging financing and technical expertise
and for developing market contacts, which amongst others, is critical for the growth of
any economy.
Partnerships provide a way for Governments and the private sector to collaborate when
trying to grow an economy.
Thank you Mr. Chairman.
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