Export Development Canada
EDC is Canada’s export credit agency, established to support and develop, directly and indirectly, Canada’s export trade, as well as Canadian capacity to engage in that trade and to respond to international business opportunities. EDC is financially self-sustaining and operates on commercial principles. In addition to being a direct lender and insurer, EDC acts as a catalyst to leverage private capital and establishes partnerships both domestically and abroad.
✓ Insurance: Credit insurance for export transactions, including policies issued to financial institutions to cover foreign bank payment obligations and purchased receivables.
✓ Financing: Flexible financing solutions including buyer credits, supplier credits, bank guarantees, equity products and financing to support foreign direct investment.
✓ Bonding: Guarantee and insurance products to support performance bonding and surety bonds as well as foreign exchange facilities.
Founded: 1944
Ownership: EDC is fully owned by the Government of Canada