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

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

A summary of Export Development Canada

Summary video of Export Development Canada and how it operates in Canada. Employees Working for EDC | The Professional lives of EDC Employees.

Export Development Canada – Benefits of using an ECA in Canada

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

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

Export Development Canada are experts in international trade. They manage and take on risk, making it safer for Canadian businesses to grow beyond our borders. Our unique suite of solutions can help you offset the risks of doing business abroad, finance your deal, and access the working capital you need.

  • Risk Mangement Solutions
  • Secure Finance
  • Grow Working capital

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 .

Explore Export Credit Agencies around the world with our ECA finder

Key Stats

Name:

Export Development Canada

Country:

Canada

CEO Information:

Benoit Daignault

Founded:

1944

Employees:

1200

Government:

Government of Canada (SOE)

Address:

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

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 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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