Who are we?
We are 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.
What do we do?
We provide insurance and financial services, bonding products and small business solutions to Canadian exporters and investors and their international buyers. We also support Canadian direct investment abroad and investment into Canada. Much of our business is done in partnership with other financial institutions and through collaboration with the Government of Canada.
In 2017, EDC was entrusted by the Government of Canada to create a Canadian development finance institution (DFI). Created as a subsidiary of EDC, the DFI’s core mandate will be to support sustainable development and poverty reduction in developing countries by providing financial services in support of private sector initiatives.
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.