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Inclusive trade

Empowering businesses owned by women, Indigenous Peoples, Black and racialized Canadians, people with disabilities and members of the 2SLGBTQ+ community.

Image of two people working in a business representing inclusive trade.


ESG   |   Social   |   Human rights   | 
 Inclusive trade   |   Inclusion, diversity and equity  |   Our communities


ESG  |   Social   |   Human rights   | 
 Inclusive trade   |   
Inclusion, diversity and equity
  |   Our communities

 

Support for exporters from equity-seeking groups

Exports create jobs, promote innovation and grow industries. When exporting is inclusive, it can advance the interests of groups who have faced barriers to trade to help their businesses grow and succeed, positively impacting our economy and our communities. 


 

Championing an inclusive approach to international trade

EDC’s solutions are available to all Canadian exporters. However, we recognize that some segments of the Canadian population face unique challenges in the business world. We want to ensure all Canadians, no matter their gender, race, disability or sexual orientation, have the same opportunities to dream big, be daring and take on the world. 

Through our inclusive trade efforts, we offer targeted support for companies owned and/or led by women, Indigenous Peoples, Black and other racialized Canadians, persons with disabilities and those from the 2SLGBTQI+ community. We believe that improving access to EDC’s financial and knowledge solutions is essential to our goal of helping more Canadians realize their international growth potential.

Inclusive trade pillars

EDC’s approach to inclusive trade focuses on five pillars of action:

  • Awareness—working with partners to build awareness about the benefits of exporting
  • Education—helping to build the skills, knowledge and confidence needed to enter new markets
  • Connections—linking business owners to trade programs, supporting organizations and international opportunities
  • Financial solutions—enabling growth by providing access to the right financial tools
  • Community—demonstrating broad support for economic empowerment and inclusive trade

The evolution of EDC’s inclusive trade strategy

Image of Native American artist representing EDC’s inclusive trade strategy.


The scope of our support for inclusive trade has progressed from its initial focus on women, to now include businesses owned and led by Indigenous Peoples, Black and other racialized persons, persons with disabilities and the 2SLGBTQI+ community. While facing unique challenges, there are many commonalities across the different equity-seeking groups. Business owners who identify with multiple dimensions of diversity face even greater barriers. We’re committed to continually evolving our approach to ensure we’re serving these companies.

Learn more about how we’re working with business owners from equity-seeking groups to support their global ambitions. 


 

In 2018, EDC launched our first national strategy specific to women in trade to address the underrepresentation of women among entrepreneurs currently exporting. Our strategy also supports the Canadian federal government's commitment to all segments of society and to champion an inclusive approach to trade.

Since then, EDC’s support has grown steadily to assist more women-owned and -led businesses on their exporting journey. So far, we’ve served almost 4,297 such companies, facilitating $8.76.8 billion in business, and want to continue that growth.   

A key component of our strategy is to collaborate within the ecosystem of organizations supporting women-owned and -led businesses to ensure that in addition to growth capital, they have the full wrap-around support they need to be successful in international markets.

Learn more about EDC’s Women in Trade program

EDC is dedicated to supporting Indigenous businesses as they pursue economic self-reliance and growth through exporting. Guided by respect for Indigenous history, traditions and culture, we remove barriers to growth so that Indigenous-owned and -led businesses can thrive on the world stage while creating jobs and sustainable prosperity in their communities.

The initial focus of our Indigenous business strategy was on building partnerships within the Indigenous business community to raise awareness about and to ensure relevance and accessibility of EDC’s knowledge and financial solutions. 

While that work continues, we have expanded our collaboration to Indigenous and non-Indigenous financial institutions across Canada to deliver financial solutions to Indigenous businesses. Our support for Indigenous companies has steadily grown to include:

  • pandemic assistance
  • direct lending
  • loan guarantees 
  • insurance and other financial products
  • participating in the new Indigenous Growth Fund 

Despite these advances, there is much more to do as Indigenous businesses continue to face financial and market challenges. EDC will continue to partner with them respectfully and adapt our products and services to meet their unique needs, in a spirit of reconciliation.

See how EDC supports Indigenous businesses

Black-owned businesses are crucial to growing our economy, but these companies continue to face significant challenges when pursuing growth and achieving profitability. 

Our national lead for Black exporters conducts research and consults with Black entrepreneurs to gain a better understanding of the tools and support they need to scale up their businesses. Collaborating with Black business-serving organizations, other government agencies and the private sector, EDC is working to create a trade ecosystem that’s responsive to the needs of Black businesses as they pursue growth through exporting.

Under the Inclusive Trade Investments Program, EDC has committed to BKR Capital, which focuses on investing in Canadian pre-seed and seed stage technology companies founded by Black entrepreneurs.

Learn more about Breaking down barriers: Empowering Black-owned businesses to go global.

We continue to engage with the 2SLGBTQI+ business community to identify opportunities to grow our support. Through our partnership with the Canadian Gay & Lesbian Chamber of Commerce (CGLCC), which advocates for more than 100,000 2SLGBTQI+ owned and operated businesses, we aim to deepen our understanding of the challenges facing this business community so that we can help remove barriers and provide meaningful support.


 

Inclusive Trade Investments Program (ITIP)

EDC has committed $200 million to invest in companies founded or led by Canadians from equity-seeking groups. 

For Canadian exporting businesses owned and led by people identifying as women, Indigenous, Black or members of other equity-seeking groups, one of the main barriers to growth is lack of equitable access to capital. This program helps address that challenge and create more opportunities for growth.

Learn more about ITIP

Supplier diversity

Buying from companies owned by members of equity-seeking groups is another way to fuel their growth. That’s why we created a Supplier Diversity Program in 2020 and continue to build it out. We partner with organizations that certify diverse-owned businesses, so we can ensure validity and share procurement opportunities more widely.

Breaking down barriers: Empowering Black-owned businesses to go global

Securing funding, entering international markets and building connections can be daunting. Our 12-chapter guide is designed to help Black entrepreneurs navigate these challenges and develop strategies to overcome them. From finding the right financing for growth stage businesses to understanding how supplier diversity certification can provide a competitive edge, this guide features expert insights, ecosystem resources and company success stories to help export with confidence.

Learn more about Breaking down barriers: Empowering Black-owned businesses to go global

Inclusive trade in action

Icon outline of women to represent women-led and owned businesses.

4,297

Women-led and owned businesses served

Icon of hands shaking to represent business facilitated with indigenous exporters

$563M

Business facilitated with Indigenous exporters

Icon of paper being signed to represent procurement with diverse suppliers

$5.6M

Procurement with diverse suppliers


 

Meet the inclusive trade team leaders

Jennifer Cooke headshot, EDC
Jennifer Cooke Director - Inclusive Trade Export Development Canada Jennifer Cooke
Catherine Beach headshot, EDC
Catherine Beach National lead, Inclusive Trade, Women in Trade Export Development Canada Catherine Beach
Todd Evans headshot, EDC
Todd Evans National lead, Inclusive Trade, Indigenous Exporters Export Development Canada Todd Evans
Myriam Francisque, headshot EDC
Myriam Francisque National lead, Inclusive Trade, Black and racialized exporters Export Development Canada


 

Learn more

Women in trade

We’re committed to helping women-owned and -led businesses grow into new markets and succeed on the global stage.

Learn more

Women in trade guide

Our Women in trade guide offers insights to help Canadian women-owned businesses succeed internationally.

Learn more

Indigenous business

Providing access to sustainable, profitable export opportunities for Indigenous companies is a key priority for EDC.

Learn more

Support for Black-owned businesses

In this blog, our national lead for Black exporters discussed the challenges and opportunities he sees as he began community consultations.

Learn more


 

Policies & reports

Explore our policies, reports and other reference materials related to inclusive trade at EDC.

Learn more


Continue browsing


ESG   |   Social   |   Human rights   | 
 Inclusive trade   |   Inclusion, diversity and equity  |   Our communities


ESG  |   Social   |   Human rights   | 
 Inclusive trade   |   
Inclusion, diversity and equity
  |   Our communities

 


 

Date modified: 2024-06-07

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