Export Development Canada (EDC) is supporting Canada’s energy sector during these incredibly challenging times.

As part of the Government of Canada’s economic response plan, EDC is increasing its short-term financial capacity to support Canada’s small- and medium-sized oil and gas companies. This added capacity is available to eligible businesses so they can access the liquidity they need to keep their operations running and to support their employees during the crisis.

Oil and gas companies and their suppliers can choose from a number of financial solutions, including a risk-sharing guarantee for loans obtained through a financial institution and guaranteed by EDC, as well as our existing bonding and insurance products.