We’ve been Canada’s export credit agency since 1944. For over 75 years, large and small Canadian companies have counted on EDC to help manage and take on risk so they can succeed internationally.
Unlike some export credit agencies, we’re financially self-sufficient and operate much like a commercial institution. We collect interest on our loans and premiums on our insurance products. We also sell bonds and raise money in global capital markets.
As an organization with offices around the world, we’re committed to the principles of corporate social responsibility (CSR). Through rigorous due diligence, we ensure that all projects and transactions we support are financially, environmentally and socially responsible. That’s just good business.
In March 2020, the Government of Canada temporarily expanded EDC’s mandate to help non-exporting Canadian companies face the financial challenges caused by the COVID-19 pandemic. Working with our federal partners and financial institutions across Canada, we’ve adjusted our focus to support and protect Canadian businesses—whether they sell internationally or within Canada—during this global health crisis.
In 2017, EDC was entrusted by the Government of Canada to create a Canadian development finance institution. Created as a subsidiary of EDC, FinDev Canada’s core mandate is to support inclusive private sector growth and sustainability in developing markets.
As Canada’s export credit agency since 1944, we’ve facilitated more than $1.5 trillion in exports and foreign investment by Canadian companies. That’s a big deal because Canada’s economy relies on trade.
In 2019, we helped nearly 17,000 Canadian companies expand their business into international markets. The majority (86%) were small- to medium-sized enterprises (SMEs) and they facilitated more than $102 billion in global business through EDC’s expert knowledge and financial products.
Critical to Canada’s trade success is the ability for Canadian companies, particularly SMEs, to connect to international supply chains. But that’s not always easy, especially in emerging markets.
We help Canadian companies gain access to global supply chains by leveraging our financial and equity investment relationships and working with partners such as the Trade Commissioner Service (TCS) to facilitate connections between Canadian suppliers and international buyers.
We collaborate with the industry’s most trusted organizations to provide Canadian companies with access to the latest trade knowledge and financial solutions that are complementary to EDC.
Much of our business is done in partnership with other financial institutions and through collaboration with the Government of Canada. By working with our trusted partners, we help Canadian companies succeed internationally.
Over our 75-year history, we’ve supported more than $1.5 trillion in Canadian exports and investments and worked with tens of thousands of Canadian companies to find international success.
This scorecard looks at EDC's adherence to criteria set out in the Canadian Benefits Policy.
Our Transparency and Disclosure Policy directs how we publicly release significant quantities of information on transactions at aggregate and individual levels.
View our Annual Report, quarterly financials, corporate plans, and other corporate reports to learn more about our goals, the impact of our work and how we govern our business.