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

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.

Key Stats

Name

Export Development Canada (EDC)

Country

Canada, Americas

CEO

Benoit Daignault

Founded

1944

Employees

2000

Government:

Government of Canada (SOE)

Company Number

—

Address

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

Email Address

support@edc.ca

A summary of Export Development Canada

EDC 2022 Annual Report

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