Helping Canadian Businesses Succeed
EDC provides Canadian companies with trade financing, export credit insurance and bonding services, as well as foreign market expertise.
What We do
EDC is Canada’s export credit agency. Our mandate is to support and develop Canada’s exports by helping Canadian companies respond to international business opportunities.
We fulfill our mandate by creating financial solutions for companies to take Canadian capabilities and expertise around the world – connecting them directly to foreign buyers and global supply chains – and bring the benefits back home, thereby contributing to Canada’s economy and Canadians’ quality of life.
We serve both large Canadian corporations with operations around the globe, as well as small- and medium-sized businesses. We also support Canadian direct investment abroad and investment into Canada. Much of our business is done in partnership with other financial institutions and through collaboration with the Trade Commissioner Service and other Government of Canada partners.
EDC is a self-financing Crown corporation that operates at arm’s length from the Government of Canada. It does not receive annual parliamentary appropriations.
Key Financial Data
|(in millions of Canadian dollars)||December 31, 2015||December 31, 2014|
|Financing business facilitated||25,410||21,576|
|Insurance business facilitated||78,795||77,294|
|Total administrative expenses||351||327|
|Total supply of capital||11,549||9,973|
To learn more, see our 2015 Annual Report.