Export Development Canada (EDC) is working with our federal partners and financial institutions to bring financial relief and support to Canadian companies. We are also expanding our expertise and research to help you reposition in this challenging economy.

 

 

EDC Business Credit Availability Program (BCAP) Guarantee

Canadian businesses still need help accessing cash flow to deal with the fallout from COVID-19. We’ve partnered with financial institutions across the country to help qualified businesses cover their operating costs as they adjust to the world’s “new normal.”

Learn about the EDC BCAP Guarantee here.

CEBA has been expanded. Access more information here.
Application deadline is June 30, 2021.

Find the right solution for your business

EDC has an array of financial solutions that have been expanded to fit the needs and challenges created by the pandemic, including solutions to help you  manage increased market risk, access working capital, insure your sales in case your customers can’t pay and more.

Access the full list here.

 

 

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COVID-19 Expert Advice

We’re committed to providing you with the business advice, knowledge and services you need to weather the pandemic, here and abroad.

Access our expert advice

   

Business as Unusual

Watch how SnapCab, Relogix and Shopify pivoted their business through COVID-19.

SnapCab adapts to business as unusual with the help of EDC.

 

SnapCab: Turning office privacy into pandemic protection.

SnapCab specializes in creating private pods for open workspaces. When the pandemic hit, they shifted their business with the help of EDC. They turned their pod system into testing pods that allow health care workers to conduct low-risk tests on multiple patients.

Relogix adapts to business as unusual with the help of EDC.

 

Relogix: New workspace solutions for the new normal.

Relogix helps companies optimize their office space. When the pandemic struck, they created a dashboard that helps clients ensure their offices are safe for when employees return to work. EDC helped make sure they were in a comfortable position to adapt, and now EDC is helping them look beyond the border.

Relogix adapts to business as unusual with the help of EDC.
Shopify adapts to business as unusual with the help of EDC.

 

Shopify: Keeping Main Street in business.

Shopify is an ecommerce platform provider that helps retailers grow their sales online. When the pandemic broke out, they shifted their business and launched Shopify Capital — a program which provides much needed funding to their merchants. EDC helped Shopify accelerate this program so it could launch as quick as possible.

    

What kinds of support does the government have for businesses?

We’ve compiled a comprehensive list of public programs that were developed to respond to the COVID-19 pandemic. The list can be filtered by the kind of help you need, the entity offering the support and by business sector.

Access the full list here.

 

 

EDC COVID-19 Assistance Tool

By answering a few questions about your needs and your company, EDC can help you identify the programs and services that will serve you best as you face challenges brought on by COVID-19.

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Results

Thank you for sharing some information about your company with us. Below is a list of solutions and services that might fit your needs right now. 

Results

Canada Emergency Business Account (CEBA)

Up to $40K for small businesses with no interest until 2023 and 25% forgiven if paid off before 2023. Contact your financial institution to apply.

Learn more

EDC BCAP Guarantee

Get access to credit through your financial institution to cover operating costs. Contact your financial institution to apply.

Learn more

BDC Co-Lending Program

Up to $12.5 million for operational cash flow requirements. Contact your financial institution to apply.

Learn more

BDC Small Business Loan

Up to $100K for small businesses with 24 months of revenue or more and good credit history.

Learn more

BDC COVID-19 Working Capital loans

Up to $2 million with flexible repayment terms and no study fees.

Learn more

Export Help Hub

COVID-19 business questions? EDC’s Export Help Hub can help your business get through this pandemic. 

Learn more

Canada's COVID-19 business resources

The Government of Canada has many programs in place to help your business through this crisis.

Learn more

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Date modified: 2020-07-24