Corporate highlights

1. A record $1.5 billion in support for cleantech companies.
2. Paid a substantial dividend to the Government of Canada, EDC’s shareholder, in the amount of $969 million.
3. Two Green Bonds issued totaling $1 billion (one bond of US$500 million, and one of C$500 million), the proceeds of which go towards EDC’s portfolio of green assets.
4. A record $1.2 billion in EDC’s Export Guarantee Program (EGP)—this is a risk-sharing solution that EDC provides to the bank of an exporter. With the EGP in place, a bank can lend more confidently to an exporter or soon-to-be exporter knowing that EDC is guaranteeing a percentage of their loan (up to 100%).
5. Supported more than 500 Canadian Direct Investment Abroad (CDIA) transactions, helping Canadian companies connect with global supply chains around the world.

Central to EDC’s business focus are the following three key areas that bring value to Canadian exporters and investors and help expand Canada’s reach and impact in global markets:

Facilitating Canadian Direct Investment Abroad (CDIA)

• Total value of Canadian foreign investment transactions that EDC helped facilitate grew 16% to $14.3 billion—a record number for the corporation.
• 30% increase in the number of transactions in support of CDIA, reaching 508.

Helping Canadian companies explore new markets (diversification)

• While roughly 70% of all Canadian goods and services exports are destined for the U.S. market, the proportion of EDC’s financing and business facilitated in the U.S. in 2017 was approximately 40%. The remaining majority was facilitated outside of the U.S. market, which highlights EDC’s important role in diversifying Canadian trade.

Creating opportunities by connecting Canadian companies with foreign buyers (connections)

• EDC led 20 matchmaking events in 2017, engaging more than 100 foreign buyers and almost 450 Canadian suppliers.
• EDC develops relationships with large foreign buyers with supply chain opportunities that match up well with Canadian capabilities. These foreign companies procured from more than 1,600 Canadian exporters in 2017 (up from 960 in 2016)