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Export Development Canada (EDC) is a financial Crown corporation that provides Canadian companies with the solutions they need—when and where they need them—to go, grow and succeed internationally.
EDC’s 2030 Strategy will guide our ambitions, choices and actions over the next 10 years and position us to deliver for Canada over the long term. Its focus is on improving Canada’s trade performance as a means to improve the prosperity of all Canadians in the years to come.
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Over the planning period EDC will focus its efforts around three key objectives that will underpin its corporate strategy: 1. Build greater awareness among Canadian companies of EDC’s solutions to help them go international. 2. Anticipate the needs of Canadian companies with a range of financial solutions that will launch
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EDC manages all aspects of the CEBA program and acts as a conduit – using its expertise to manage the transfer of funds from federal coffers to financial institutions, where
EDC products and services include trade credit insurance, export financing for Canadian companies and for their foreign customers, equity investments, bonding products, international market expertise, as well as information on opportunities in international markets.
Jan 11, 2024 · Quick facts. In 2021, EDC became the world’s first export credit agency to commit to achieving net zero emissions by 2050. In 2022, EDC set and published its first cleantech support target, along with other sustainable finance goals, as part of its net zero commitment.
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reach. For mid-sized and smaller companies in particular, EDC’s help in connecting them to “major-league” foreign companies is invaluable. This is the crucial development component of EDC’s mandate.
