Calgary to host international bank meeting
Last Updated: Tuesday, September 1, 2009 | 12:41 PM MT
CBC News
Related
Internal Links
Calgary will host the annual meeting of the Inter-American Development Bank in 2011, Prime Minister Stephen Harper announced Tuesday.
The bank was created in 1959 to help support economic development in Latin America and the Caribbean through lending and grants.
The exact date of the annual meeting wasn't announced.
"For 50 years the Inter-American Development Bank has been arranging multilateral financing that has … fostered economic, social and institution development throughout Latin America and the Caribbean," said Harper during a speech in Calgary.
"This will be the first time in over 20 years that the bank has held its annual meeting in Canada. The return of the IDB to our country will open doors for all Canadians to do more business in the Americas. And the thousands of bankers, business people and national leaders who are expected to attend the meeting will provide a significant boost to Calgary's hospitality industry."
Canada is a non-borrowing member of the bank. In April, Harper announced that the federal government would temporarily make up to $4 billion available to the bank to increase its lending capacity.
Share Tools
Latest Calgary News Headlines
- Calgary Transit to buy LRT simulator
- Calgary Transit will soon have an automated trainer to help teach operators how to drive a C-Train. more »
- Fire destroys house in S.E. Calgary
- A home on the southeast edge of Calgary was destroyed by fire on Sunday night. more »
- Committee finds high-voltage lines needed in Alberta
- A government-appointed panel of experts has found that Alberta needs to build two controversial high-voltage transmission lines between Edmonton and Calgary as soon as possible. more »
- Identify legal marijuana grow-op sites, Calgary asks Ottawa
- Calgary officials are asking to be kept in the loop about medical marijuana being grown in the city. more »
Top News Headlines
- HMCS Corner Brook collision damage extensive
- The damage done to HMCS Corner Brook when it hit the ocean floor off B.C.'s coast last summer was more extensive than first reported, CBC News has learned by obtaining exclusive pictures of the submarine. more »
- Mandatory gun sentence struck down by Ontario judge
- An Ontario Superior Court judge has struck down a mandatory minimum sentence for a first offence of possessing a loaded firearm. more »
- O Canada! 12 Flag Day stories of patriotism
- Ahead of tomorrow's Flag Day celebrations, our readers shared some of their proudest Canadian moments. Here are some of the best. more »
- UN raises fears of civil war in Syria
- Syrian government forces renewed their assault on the rebellious city of Homs on Tuesday, activists said, as the UN human rights chief raised fears of civil war. more »
- Man pleads guilty to murder of stepdaughter, 17
- Calgary Transit to buy LRT simulator
- Celiacs split on benefit of gluten-free tax break
- Fire destroys house in S.E. Calgary
- Alberta pharmacists to renew prescriptions
- Identify legal marijuana grow-op sites, Calgary asks Ottawa
- Alberta makes it easier for students to obtain loans
- Committee finds high-voltage lines needed in Alberta
- Mace used in Calgary pizzeria robbery
