Canadian Benefits
Working in Canada’s interestsSince EDC was founded in 1944, it has facilitated more than CAD 600 billion in exports and foreign investment by Canadian companies.
When choosing to participate in a transaction, EDC always considers its potential benefit to Canada. The following factors are taken into consideration:
- research and development potential
- number of start-up firms created
- employment growth
- quality of jobs created
- dividends, royalties, licensing fees, etc.
- market share maintenance or growth (particularly for new products or technologies)
- number of primary/lead contractor designations for projects
- potential for small and medium sized business growth
The Canada Account
EDC generally operates on commercial principles within its Corporate Account. However, there may be transactions where EDC is unable to provide support under its Corporate Account due to a combination of risks. In those instances, the Canada Account may be used to support export transactions which are determined by the Minister for International Trade to be in Canada's national interest.
More information:
- Canada Account Transactions
- EDC’s Canada Account Annual Report: 2004-2005 / 2003-2004 (PDF Format)
