EDC and Canadian Industries
Under Canada’s Economic Action Plan, EDC was given greater flexibility to respond to the needs of Canadian companies and our solutions are playing an important role in helping Canadian exporters and investors manage through the current economic downturn. In addition, EDC’s core business of supporting Canada’s international trade efforts remained strong, despite the global economic slowdown and a 24 per cent drop in Canadian export trade in the first six months of the year alone.Throughout the first half of 2009, EDC saw a significant increase in demand for its services across all sectors despite the fall in global economic growth. As of August 31, 2009, EDC’s combined financing and insurance volumes reached $50.9 billion for 7,830 customers; an increase of $3 billion over the same period in 2008 and 1,625 new customers.
For an overview of EDC’s business activity in key sectors, see below:
EDC and the Aerospace Sector
EDC and the Agri-Food Sector
EDC and the Auto Sector
EDC and the Fisheries Sector
EDC and the Forestry Sector
EDC and the Information and Communications Technology Sector
EDC and the Infrastructure Sector
EDC and the Light Manufacturing Sector
EDC and the Mining Sector
EDC and the Oil & Gas Sector
