Export Development Canada (EDC) is announcing a $200 million loan to Lotte Shopping Co., Ltd., one of South Korea’s largest and most diversified retail conglomerates. This marks EDC’s first loan transaction in South Korea. It is also the inaugural deal between Lotte Shopping and EDC, following the Market Leadership Partnership (MLP) program Memorandum of Understanding … Read more
Ericsson and Export Development Canada (EDC), Canada’s export credit agency, have signed a USD$3 billion partnership agreement to promote Canadian investment in advanced technologies, including 5G and quantum innovation. The three-year partnership will enable Ericsson to expand its Canadian-led innovation and global projects with the support of financial and insurance solutions from EDC. “This agreement reflects a … Read more
Export Development Canada’s (EDC) latest cleantech industry report highlights Canada’s leadership in three high-growth sectors: renewable energy, electric vehicles (EVs) and electrification technologies. The report, titled Canada’s cleantech future: Scalable, profitable, essential, underscores the resilience and economic potential of these mature clean technologies, positioning Canada as a vital player in the global energy transition. “The cleantech landscape … Read more
Export Development Canada (EDC) and the Indonesia Investment Authority (INA) have signed a Market Leader Partnership Memorandum of Understanding (MOU) to strengthen bilateral investment ties and promote sustainable economic development between the two nations. The Market Leader Partnership MOU, signed in Ottawa, sets out a framework for collaboration, outlining how both institutions will explore financing solutions and … Read more
Export Development Canada (EDC) released its latest biannual Trade Confidence Index (TCI) that monitors and analyzes the sentiment of Canadian exporters and ready-to-export businesses in the current and future global trade environment. The mid-year 2025 TCI score for exporting respondents now sits at 65.7, down 3.3 points since the year-end 2024 survey, as they face mounting pressures on … Read more
Export Development Canada (EDC) announced the recipients of its 2025 Youth Education scholarships. Twenty students received the International Business Scholarship, and seven students from equity-seeking communities were awarded the Community Leadership Scholarship —all scholarships are in the amount of $5,000. The full release is available online. Contact media@edc.ca.
Export Development Canada (EDC) and VinaCapital, one of Vietnam’s leading investment management firms, have signed a Memorandum of Understanding (MOU) to enhance trade and investment between Canada and Vietnam. The agreement aims to create new opportunities for Canadian exporters and investors in key sectors including infrastructure, energy, retail, healthcare and financial services—areas where Canadian expertise aligns with Vietnam’s development priorities. Under the … Read more
Effective immediately, EDC is increasing its support to Canadian exporters in anticipation of heightened demand for its financing and insurance solutions, including loans, guarantees and working capital support. With its newly launched program, EDC is prepared to facilitate an additional $5 billion over two years in support for eligible companies across a range of products … Read more
Export Development Canada announced the recipients of its 2024 Youth Education scholarships. Twenty students received the International Business Scholarship, and for the second year, seven students from equity-seeking communities were awarded the Community Leadership Scholarship —all scholarships are in the amount of $5,000. In addition to strong academic standing, the Community Leadership recipients demonstrate dedication … Read more
Export Development Canada (EDC) announced two new science-based, sector-specific climate targets for its business portfolio, as well as several sustainable financing objectives. “We are resolutely committed to net zero and our interim targets are a vital step towards achieving real and tangible progress. Meeting our targets can only be achieved in partnership with Canadian companies. This … Read more
