Travel and Hospitality Expenses
Transparency and Disclosure
As part of our commitment to good governance, we have policies governing the reimbursement of reasonable expenses required for the purposes of business travel and hospitality. These policies include processes for preparation and approval of expenses for reimbursement.
We voluntarily report annual corporate expenses related to travel and business development activities through our website, as well as the travel and hospitality expenses for our President and CEO and senior executives. Expenses are reported by month and are reflected in the period during which they are reported in our financial records. Prior years expenses related to travel and business development activities can be found in the archive section on our website.
The following disclosure includes business expenses related to travel and hospitality expenses for the following activities: board of director-related meetings, corporate representation and business development and operational meetings. Information that would normally be withheld under the Access to Information Act or the Privacy Act does not appear in this section.
Summary of travel and hospitality expenses for the President and CEO and senior executives
Access EDC’s archive of historical travel and hospitality expenses
Alison Nankivell
President and Chief Executive Officer (beginning February 5, 2025)
Mairead Lavery
President and Chief Executive Officer (February 5, 2019 to February 5, 2025)
David Stevenson
Acting Senior Vice-President, Business Strategy and Enablement (February 7, 2025 to June 2025)
Carl Burlock
Executive Vice-President and Chief Operating Officer (beginning November 1, 2023)
Susannah Crabtree
Senior Vice-President, People and Culture (beginning July 4, 2023)
Guillermo Freire
Senior Vice-President, Mid-Market Group (beginning October 4, 2022)
Sven List
Senior Vice-President, Canadian Corporate Business (beginning April 1, 2024)
Dominic Mailhot
Senior Vice-President and Chief Digital Information Officer (beginning November 1, 2023)
Scott Moore
Executive Vice-President, Finance and Chief Operating Officer (beginning June 16, 2025)
Executive Vice-President, Finance and Chief Operating Officer (beginning June 16, 2025)
2025
Q4: October (PDF) / November (PDF)
Q3: July (PDF) / August (PDF) / September (PDF)
Executive Vice-President, Finance and Chief Financial Officer (November 1, 2023 to June 13, 2025)
2025
Q2: April (PDF) / May (PDF) / June (PDF)
Q1: January (PDF) / February (PDF) / March (PDF)
Julie Pottier
Senior Vice-President, Small Business and Partnerships and Head of Insurance (beginning January 3, 2022)
Steven Richards
Senior Vice-President and Chief Risk Officer (beginning November 4, 2024)
Nancy Russell
Senior Vice-President and Chief Internal Auditor (beginning June 10, 2024)
Miguel Simard
Senior Vice-President Customer Experience and Chief Legal Officer (beginning June 16, 2025)
Senior Vice-President Customer Experience and Chief Legal Officer (beginning June 16, 2025)
2025
Q4: October (PDF) / November (PDF)
Q3: July (PDF) / August (PDF) / September (PDF)
Senior Vice-President and Chief Legal Officer (April 2022 to June 13, 2025)
2025
Q2: April (PDF) / May (PDF) / June (PDF)
Q1: January (PDF) / February (PDF) / March (PDF)
Todd Winterhalt
Senior Vice-President, International Markets and Head of Communications and Public Affairs (beginning April 1, 2024)
Aggregate annual corporate disclosure
We also annually report aggregate corporate travel and hospitality expenses.
All amounts are in millions of Canadian dollars (totals include executive expenses).
| 2024 | 2023 | |
|---|---|---|
| EDC Total Administrative Expenses | $647 | $657 |
| EDC Total Travel Expenses | $4.70 | $6.06 |
| EDC Total Hospitality Expenses | $0.50 | $0.70 |
| EDC Total Conference Expenses | $0.23 | $0.29 |
| Travel, hospitality and conference expenses as % of administrative expenses | 0.8% | 1.1% |
Summary of travel and hospitality expenses for the EDC Board of Directors President and Board
Aggregate Annual Board of Directors Disclosure
2025 Aggregate Annual EDC Board of Directors Disclosure (PDF)
All amounts in thousands of Canadian dollars
| 2024 | 2023 | |
|---|---|---|
| Travel and Hospitality – Board of Directors | $151.39 | $145.09 |
| Travel and Hospitality and conferences – President | $109.69 | $118.46 |