Who are we?Export Development Canada is Canada's export credit agency. Our job is to support and develop Canada's export trade by helping Canadian companies respond to international business opportunities. We are a self-financing, Crown corporation that operates at arm's length from the Government.…
Who are we?
Export Development Canada is Canada's export credit agency. Our job is to support and develop Canada's export trade by helping Canadian companies respond to international business opportunities. We are a self-financing, Crown corporation that operates at arm's length from the Government.
EDC Investments is an evergreen investment group with approximately $2 billion in committed and invested capital that invests independently or in partnership with other investors under standard industry terms, conditions and return expectations. By taking minority equity positions in Canadian SMEs that have a demonstrated competitive advantage, we support Canada's international growth aspirations.
What do we do?
In addition to equity, we also provide debt and junior capital solutions, accounts receivable and political risk insurance, bank guarantees, foreign buyer financing, bonding solutions and advisory services thereby offering a complete range of solutions to be the premier partner for Canada's exporters of today and tomorrow.
How we operate
Unlike most export credit agencies that rely on governmental annual appropriations, we are financially self-sufficient and operate much like a commercial institution. We collect interest on our loans and premiums on our insurance products. We also have a treasury department that sells bonds and raises money in global capital markets.
We are committed to the principles of corporate social responsibility (CSR). Our rigorous due diligence requirements ensure that all projects and transactions we support are financially, environmentally and socially responsible. We believe that good business — adopting and embracing these principles while we facilitate trade for Canadian investors and exporters — is good for business.
In 2019, we will mark the 75th anniversary of the establishment of EDC as Canada’s export credit agency. Last year, we served more than 9,000 companies and facilitated more than $100 billion of international business, representing an equivalent of more than 500,000 jobs. Our results reflect the continued success of EDC in evolving to meet the changing business needs of Canadians.
Today, EDC not only supports the existing business of our customers, we also proactively create new opportunities for trade by providing the knowledge, connections and financial solutions to accelerate the success of Canadian exporters and generate enduring prosperity for Canada.
Team (1)
Sectors Export Development Canada serves:
Manufacturing
Industrials
Consumer Goods
Technology
Business Services
Materials
Health Care
Telecommunications
Consumer Services
Energy & Utilities
Financial Services
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