Export Development Canada (EDC) | Export Credit Agency (ECA) in Canada

Export Credit Agency (ECA) in Canada

Export Development Canada (EDC) |
Export Credit Agency (ECA) in Canada		EDC Logo

About Export Development Canada

Export Development Canada (EDC) is Canada’s export credit agency. Their job is to support and develop Canada’s export trade by helping Canadian companies respond to international business opportunities.

They manage and take on risk, making it safer for businesses to grow beyond Canadian borders. Their unique suite of solutions can help businesses offset the risks of doing business abroad, finance their deal, and access the working capital they need.

EDC are a self-financing, crown corporation that operates at arm’s length from the Government.

A summary of Export Development Canada

Export Development Canada – Benefits of using an ECA in Canada

  • Risk Management Solutions
  • Secure Finance
  • Grow Working capital

What types of products and services does Export Development Canada offer in Canada?

  • Buyer Financing
  • Direct Lending
  • Structured and Project Finance
  • Credit Insurance

History of Export Development Canada

Founded in 1944, EDC has facilitated over $1.4 trillion in exports and foreign investment by Canadian companies. This is important because Canada’s economy heavily relies on trade. Given the small domestic market, Canadian businesses have to think globally to compete and grow.

In 2017 EDC helped nearly 9,400 Canadian companies do business in most markets around the world.

Cars and Vehicles – One of the biggest exports globally, we’re experts in trading automobiles, working with car dealerships and fleet management services

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Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished

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Soft Commodities / Grains – We’ll work with traders and producers to help them increase their trade flows in the jurisdications they’re operating in

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Are you an exporter based in Canada?

See our TFG Canada Export guide here .

Key Stats

Name:

Export Development Canada (EDC)

Country:

Canada, Americas

CEO Information:

Benoit Daignault

Founded:

1944

Employees:

1200

Government:

Government of Canada (SOE)

Address:

Export Development Canada, 150 Slater Street, Ottawa, ON K1A 1K3

E-mail Address:

support@edc.ca

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About the Author

Deepesh Patel is Editorial Director at Trade Finance Global (TFG). In this role, Deepesh leads efforts in developing TFG’s brand, relationships and strategic direction in key markets, including the UK, US, Singapore, Dubai and Hong Kong.

Deepesh regularly chairs and speaks at international industry events with the WTO, BCR, Excred, TXF, The Economist and Reuters, as well as industry associations including ICC, FCI, ITFA, ICISA and BAFT.

Deepesh is the host of the ‘Trade Finance Talks’ podcast and ‘Trade Finance Talks TV’. He is co-author of ‘Blockchain for Trade: A Reality Check’ with the ICC and the WTO, alongside other industry research.

In addition to his work at TFG, Deepesh is a Strategic Advisor for WOA, and works closely with ITFA. He also sits on the Fintech Working Group of the Standardised Trust.

Prior to TFG, Deepesh worked at Travelex where he was responsible for the cards business and the Travelex Money app in Europe, NAM, UK and Brazil. Deepesh is Chair of Governors and co-opted LA Governor of the Wyvern Federation, which has responsibility for 5 primary schools in South London.

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