Increased support for Canadian companies
Across Canada, businesses are feeling the impact of market uncertainty. Export Development Canada (EDC) understands the challenges that exporters—the primary contributors to our economy—are confronting. For more than 80 years, we’ve stood tall when Canadian companies needed us most. Now, we’re moving quickly to provide meaningful support to Canadian exporters and investors as you adjust and adapt to these new market realities.
The EDC Trade Impact Program will facilitate an additional $5 billion over two years in support for eligible companies across a range of products to help you navigate economic challenges.
If you’re an eligible Canadian exporter, or a company that supplies exporters, here’s how we can help:
- Export confidently: EDC trade credit insurance protects against losses in the event of non-payment from your foreign buyer.
- Manage currency fluctuations: We offer solutions that mitigate the risks associated with foreign exchange fluctuations by stabilizing your costs and protecting your profit margins from adverse currency movements.
- Access more working capital: EDC guarantees share a portion of your financial institution's risk with us, allowing you to access more financing for managing cash flow challenges and growing your operations.
- Enable global expansion: EDC's financing solutions enable you to increase your capacity for trade, expand your footprint in different markets, or acquire a foreign company.
With $5 billion in additional capacity already allocated, we’re ready to meet heightened demand for our financing and insurance solutions.
As trade conditions are sure to remain fluid, we’ll continue to adjust our support to meet your changing needs. Our priority is to provide meaningful and timely support to Canadian exporters, so you can focus on what you do best: Provide the goods and services the world wants.
Be sure to check out our new U.S. market intelligence hub for the latest information and insights to navigate Canada's largest export market. To connect with an export advisor, register for our Export Help Hub.
The world needs more Canada. Together, let’s give it to them.
