BUSINESS CONSULTANTSEXPORTERS/FREIGHT BROKERSFINANCIAL SERVICES/PLANNINGGOVERNMENT AGENCY/CROWN CORPORATIONSINSURANCE - COMMERCIAL
We are Canada’s export credit agency. Our job is to support and develop Canada’s export trade by helping Canadian companies respond to international business opportunities. We are a self-financing, Crown corporation that operates at arm's length from the Government.
We provide insurance and financial services, bonding products and small business solutions to Canadian exporters and investors and their international buyers. 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 Government of Canada. We are financially self-sufficient and operate much like a commercial institution.
Since we were founded in 1944, we have facilitated more than $1.3 trillion in exports and foreign investment by Canadian companies. This is important because Canada’s economy relies on trade; one in three jobs depends on exports. Given our small domestic market, Canadian businesses have to think globally to compete and grow.
Critical to Canada’s trade success is the ability for Canadian companies, particularly SMEs, to make a connection with international buyers. But many of these companies do not have the size or visibility to make that happen, particularly in emerging markets. One of EDC’s strategies is to help make these connections through match-making sessions with the Canadian Trade Commissioners’ Service, through our equity investments and by leveraging our financial relationships with foreign buyers to encourage them to procure from Canadian supplier