Foreign Aid and the Price of Canada’s Virtue Signalling

Foreign Aid and the Price of Canada’s Virtue Signalling
Canadian troops arrive at a U.N. base in Gao, Mali, on June 25, 2018. Deploying troops to conflict areas is part of Canada’s foreign aid program. Sean Kilpatrick/The Canadian Press
Fergus Hodgson
Updated:
Commentary

Over the last decade, Canada has given away $50.8 billion in foreign aid. What does it have to show for all this generosity? Little at best. As is the case for foreign aid from other nations, the majority of it has failed to reach target communities.

Fergus Hodgson
Fergus Hodgson
Author
Fergus Hodgson is the director of “ Econ Americas”, a financial consultancy, and publisher of the “ Impunity Observer” , a geopolitical intelligence service. He is the author of “ Financial Sovereignty for Canadians: Untether Yourself from the Ottawa Leviathan (2024).”
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