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<p><span style="font-weight: bold"><span style="font-family: 'Arial', sans-serif"><span style="font-size: 14pt">December 8, 2006 <i>(10:15 a.m. EST)</i><br>
No. 152</span></span></span></p>
<br>
<p style="text-align: center"><span style="font-weight: bold"><span style="font-family: 'Arial', sans-serif"><span style="font-size: 14pt">APPOINTMENT OF PRESIDENT AND CHIEF EXECUTIVE OFFICER OF
EXPORT DEVELOPMENT CANADA</span></span></span></p>
<br>
<p><span style="font-family: 'Arial', sans-serif">The Honourable David Emerson, Minister of International Trade, today announced the
appointment of Eric Siegel as President and Chief Executive Officer of Export
Development Canada (EDC).</span></p>
<br>
<p><span style="font-family: 'Arial', sans-serif">“Mr. Siegel’s broad experience in EDC makes him the ideal candidate for this position,”
said Minister Emerson. “Under his leadership, EDC will continue to build on its
successful history of providing Canadian exporters and investors with the services they
need to succeed in today’s global marketplace.”</span></p>
<br>
<p><span style="font-family: 'Arial', sans-serif">Mr. Siegel joined EDC in 1979 and has held several senior roles in the organization,
with particular emphasis on EDC’s lending programs. In 1988, he became General
Manager of EDC’s medium-term insurance programs. After leading an extensive
corporate restructuring between 1993 and 1995, Mr. Siegel was appointed Senior
Vice-President of Medium- and Long-Term Financial Services, and then Executive
Vice-President in 1997. Mr. Siegel was named Chief Operating Officer in September
2005, assuming overall leadership for EDC’s business development and transacting
groups.</span></p>
<br>
<p><span style="font-family: 'Arial', sans-serif">Mr. Siegel holds a bachelor of arts degree in history and economics from the University
of Toronto, a master of business administration degree from York University, and has
completed the Senior Executive Program at Columbia University.</span></p>
<br>
<p><span style="font-family: 'Arial', sans-serif">EDC is Canada’s export credit agency, offering innovative commercial solutions to help
Canadian exporters and investors expand their international business. EDC’s
knowledge and partnerships are used by 7,000 Canadian companies and their global
customers in up to 200 markets worldwide each year. EDC is a recognized leader in
financial reporting, economic analysis and human resources management.</span></p>
<br>
<p style="text-align: center"><span style="font-family: 'Arial', sans-serif">- 30 -</span></p>
<br>
<p><span style="font-family: 'Arial', sans-serif">For further information, media representatives may contact:</span></p>
<br>
<p><span style="font-family: 'Arial', sans-serif">Jennifer Chiu<br>
Press Secretary<br>
Office of the Minister of International Trade and Minister for the Pacific Gateway and
the Vancouver-Whistler Olympics<br>
613-992-7332</span></p>
<br>
<p><span style="font-family: 'Arial', sans-serif">Trade Media Relations Office<br>
Foreign Affairs and International Trade Canada<br>
613-996-2000<br>
</span><a href="https://bac-lac.wayback.archive-it.org/web/20070221012524/http://www.international.gc.ca/"><span style="font-family: 'Arial', sans-serif"><span style="color: #0000ff"><span style="text-decoration: underline">http://www.international.gc.ca</span></span></span></a><span style="font-family: 'Arial', sans-serif"><span style="color: #000000"></span></span></p>
<br>
<p><span style="font-family: 'Arial', sans-serif"><span style="color: #000000">Phil Taylor<br>
Export Development Canada<br>
613-598-2904</span></span></p>
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