The Business Development Bank of Canada (BDC) is leveraging the full force of its financing and advisory services throughout each of its 108 business centers across the country to help small and medium-sized businesses (SMEs) directly impacted by the uncertainty around US tariffs, including a new $500 M financing envelope. “Amid the uncertainty of US tariffs, we … Read more
The Business Development Bank of Canada (BDC) launched a new Community Banking initiative created to help Canada’s economic performance and to help reverse a decades-long trend that saw 100,000 fewer Canadians starting businesses now than 20 years ago. BDC President and CEO Isabelle Hudon commented, “Entrepreneurs are the dreamers, the doers, that build businesses, communities, and economies. We simply … Read more
Isabelle Hudon, President and CEO of BDC, announced the appointment of Maxime Laverdière as BDC’s Chief Legal Officer and Corporate Secretary. Contact mediainfo@bdc.ca.
The Business Development Bank of Canada (BDC) released new survey results on the state of mental health among Canada’s small business owners. BDC’s sixth annual survey shows entrepreneurs have made small improvements in taking better care of their mental health, but far too many struggle in silence. “We are heartened to see business owners taking steps … Read more
The Business Development Bank of Canada (BDC) returned to the stage at Prime Time 2024, the Canadian Media Producers Association’s annual meeting for leaders and trendsetters in media production, broadcasting, TV, feature film and media policy. “This is a room full of dreamers and doers, the epitome of entrepreneurial spirit and world-beater perseverance. At the intersection of creativity … Read more
BDC opened its third BDC Square, a collaborative space for entrepreneurs located in downtown Vancouver, B.C. Following the success of similar spaces in Montreal, Que., and Toronto, Ont., Vancouver’s BDC Square is now available to host events for small and medium-sized businesses—enabling them to make powerful connections with peers, clients and BDC employees. “Peer-to-peer connections can … Read more
After building the one-of-a-kind, $100 million Thrive Lab over the past nine months, BDC is now providing equity and equity-like investments, plus training and support, for at least 100 ambitious, women-led businesses committed to delivering solutions to some of our most pressing social issues. “Women entrepreneurs are underrepresented and underfunded. BDC aims to change that, … Read more
BDC announced an additional $50-million injection into its Seed Venture Fund, dedicated to supporting emerging Canadian startups with the funding they need to bring their vision to life, to help them scale and become tomorrow’s global champions. “Intentionally dedicating more time and resources to seed-stage companies in underserved regions and ensuring that we sufficiently nurture start-ups all … Read more
The Business Development Bank of Canada (BDC) kicked off its 44th edition of Small Business Week, Canada’s entrepreneurship celebration. This year’s program aims to understand and tackle a major issue for Canadian entrepreneurs: labour scarcity. BDC released its third report on the issue, entitled The Challenge of a Decade: How to Navigate Canada’s Labour shortages. “There is nothing like an entrepreneur … Read more
Geopolitical tensions, environmental concerns, rising prices and reduced spending power are motivating Canadians to cut back and entrepreneurs can respond, according to the latest edition of BDC’s 2023 Consumer Trends report. “These trends have become part of our daily lives, and we realize that they are associated with the larger trend of consuming and owning less, … Read more
