<br>From: <b class="gmail_sendername">Ronald Labonte</b> <span dir="ltr"><<a href="mailto:rlabonte@uottawa.ca">rlabonte@uottawa.ca</a>></span><br><div class="gmail_quote"><br><br>
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<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D">We have ample reason to be dubious of such grant announcements.
In Canada’s case, its summit announcement of $300 million over 3 years to
the Global Fund (on the heels of its larger pledge to a new G8 maternal health
drive announced when it hosted the G8/G20 summits earlier this year) is not new
money. Much earlier this year Canada announced that it was freezing all
development assistance spending for the next 5 years at its current level. So
any new aid announcements are simply re-arranging how the firmly capped budget will
be spent. As for philanthropy, let’s not forget that Pfizer last year
paid the biggest corporate fine in US history for illegal drug marketing, and
is facing yet another lawsuit. Carlos Slim, meanwhile, is hip-deep in tobacco
companies and profits, addicting and killing with one hand what he now
contributes to curing with the other.</span></p>
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