Standing by Canadian businesses

These are challenging times for Canadian companies. Export Development Canada (EDC), along with government and partners, stands ready to support you. As Canada’s international risk experts, that’s why we’re here: to offer expert advice as well as insurance and financial support, in both good times and bad.

EDC’s capacity to help Canadian entrepreneurs expanded under the $65-billion federal Business Credit Availability Program (BCAP). This program allows EDC to offer Canadian businesses of all sizes the credit they need during the COVID-19 pandemic. We are working in concert with the Business Development Bank of Canada (BDC) and private sector lenders to ensure Canadian companies get support during these uncertain times.

Important: Our business centres are closed, but our teams are still virtually available to help Canadian businesses. Please note that because of the uncertain times we are in, our customer service team and account managers are currently experiencing a high volume of calls, which can mean longer-than-normal wait times. We thank you for your understanding and we want to assure you that we are committed to supporting you despite these delays.


 

I am an EDC customer

Contact your EDC account manager about any additional support you require. For assistance with insurance products and online portals call  1-866-716-7201 or  contact us by email at support@edc.ca.

I am new to EDC

Call us at 

1-800-229-0575

or tell us how we can help here.


 


EDC financial solutions

Since 1944, we have been experts in international trade, and the current global uncertainty has made our job clearer than ever. We have the solutions, flexibility and capacity to help our customers get through difficult times. All the products listed here have been adjusted to be more flexible to reflect the current needs of Canadian businesses.

 

Introducing the new EDC Business Credit Availability Program (BCAP) Guarantee

The EDC BCAP Guarantee is a new partnership between EDC and financial institutions across Canada to support businesses financially impacted by the COVID-19 pandemic. EDC will provide a guarantee to your financial institution, giving you access to additional credit for payroll and operational costs. We are actively working with our partners to make this solution available to your business as quickly as possible. Check back soon for more details.

 

 

 

 

 

 

Credit Insurance 

Insure your export sales and protect your business from the risk of non-payment.

Export Guarantee Program 

EDC can offer your financial institution a guarantee of repayment and make it easier for you to move forward.            

Foreign Exchange Facility Guarantee  

Avoid posting collateral as payment assurance for your foreign exchange contract provider and keep your cash free for doing business.

Account Performance Security Guarantee 

Get the benefit of pre-approval and a predictable rate for your guarantees, making it easier to pursue business.             
                                       

 

To see our other products and services aimed at helping Canadian businesses, go here.


 

More information on COVID-19