Updating an ODA Policy in Canada: The Role of Global Remittances in Development

The federal government has pledged to update Canada's development assistance (ODA) policy and this paper examines the important role of remittances in the development program. Remittances can serve as a significant form of cross-border capital flows and can have sizable effects on both the sending and receiving countries. This policy piece provides an overview of trends in global remittances and gives a context for the policy discussion on the...