Risk and risk Weighting - Export Development Canada (EDC)
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Home > Home > Investor Relations > Risk and Risk Weighting

Risk and Risk Weighting

All our issues carry the full faith and credit of the Canadian government rather than an explicit guarantee, which, in effect, elevates its credit standing to sovereign. The ratings on us reflect its status as an agent of Her Majesty in right of Canada and 100 per cent ownership by the government of Canada (AAA/Stable/A-1+)

The Japan Credit Rating Agency conducted an assessment and re-confirmed its AAA rating of our debt securities.

Domestic​ ​ Foreign Currency​ ​
Long-term Short-term Long-term Short-term
Moody's​ Aaa​ P-1​ Aaa​ P-1​
S & P​ AAA​ A-1+​ AAA​ A-1+​
DBRS​ AAA​ R-1 (high)​ AAA​ R-1 (high)​
JCR​ AAA​ AAA​

​Risk Weighting

0 % BIS risk weighted, according to Basel II Framework.

Our debt obligations incur favourable capital treatment as they constitute a direct claim on a central government within the OECD. This is in accordance with the International Convergence of Capital Measurement and Capital Standards set forth by the Basel Committee on Banking Regulations and Supervisory practices. As such, we carry a zero risk weighting for regulatory capital applications.

Trade matching statement

National Instrument 24-101-Institutional Trade Matching and Settlement came into effect on April 01, 2007. This instrument provides a foundation in provincial securities regulation for timely trade settlement processing and increased efficiency. It is a step towards straight-through processing in the Canadian securities market.

In accordance to the National Instrument 24-101, participants are required to publish a trade matching statement (TMS), or alternatively enter into a trade matching agreement (TMA) prior to institutional trade execution.

Full Trade matching statement (PDF)

Legal Disclaimer: Contents are provided for general informational purposes only and do not constitute an offering of securities in the United States or elsewhere. Our securities may not be offered for sale in the United States absent registration or an exemption from registration. Any public offering of our securities in the United States will be made by means of a prospectus that may be obtained from us and that will contain detailed information about us and our management as well as our financial statements.

Annual Report

Trade Unlimited – 2017 Annual Report

Detailed information on our performance measures and highlights.