keep Order Respecting the Remission of Interest Payments Owing to the Government of Canada on Loans Made to the Republic of Cameroon, the Republic of Madagascar and the Republic of Zambia
This regulation grants remission of accrued interest on Canada Account loans to specific countries, representing amounts that will not be repaid to the Government of Canada.
This represents debt relief for developing countries, which can free up resources for essential services like healthcare and education, potentially improving lives in ways that market mechanisms alone might not achieve.