Export Development Canada (EDC) announced their sponsorship of the International Financial Corporation (IFC) second annual Climate Business Forum in Hong Kong. The forum, running on October 28th and 29th, will bring together industry leaders from around the world to highlight climate investment opportunities in key clean technology sectors, including resource efficiency, renewable energy and water … Read more
A new quarterly report by Export Development Canada (EDC) will help small Canadian companies make better decisions when selling or entering into new markets. The free Country Risk Quarterly (CRQ) report was designed to help small Canadian companies looking to explore different trade and investment prospects. “Small Canadian companies regularly point to a lack of … Read more
A new website called Enterprise Canada Network (ECN) is about to make the life of small- to medium-sized companies (SMEs) looking for an easy way to get new contracts abroad a whole lot easier. The website works by matching profiles of selling companies (who post what kind of services and products they have expertise) and … Read more
Export Development Canada (EDC) announced a previously signed USD 50 M financing transaction for Philippines-based San Miguel Corporation (SMC). EDC is Canada’s leading provider of financing and insurance for Canadian companies with sales or business in other countries. SMC is a well-diversified conglomerate with leading market positions in the food, beverage, and packaging industry in the Philippines … Read more
Export Development Canada (EDC) and Korea Trade Insurance Corporation (K-sure) signed an agreement to work together on transactions involving Canadian and South Korean companies. The reciprocal re-insurance agreement will allow EDC and K-sure to support both Canadian and Korean companies on joint export and investment opportunities around the globe. The full release is available online.
Canadian Manufacturers & Exporters (CME), in partnership with Export Development Canada (EDC), announced the launch of the Enterprise Canada Network, a website that connects Canadian companies to international partners seeking matching products and services. The new website is geared towards the needs of small- to medium-sized companies, whose main challenges are the time to develop … Read more
Export Development Canada (EDC) announced financing of Euro 123 M to Hispasat, a Spanish satellite telecommunications operator, for the construction of a satellite by Canada’s MacDonald, Dettwiler and Associates Ltd (MDA), and its SSL subsidiary. Companies like Hispasat looking to purchase goods from Canadian suppliers often require reliable financing. EDC can provide the customers of … Read more
Export Development Canada (EDC), Canada’s trade financing agency, announced financing of EUR 123 M for the Spanish satellite operator Hispasat SA (Hispasat). The financing will be used for Hispasat’s purchase of a satellite provided by Canada’s MacDonald, Dettwiler and Associates (MDA) and its subsidiary SSL. MDA’s recent acquisition of SSL has led it to become … Read more
Export Development Canada (EDC) announced it has provided more than EUR 180 M in financing to Spain’s Telefonica to make it easier for Telefonica to buy products and services from Alcatel Lucent (ALU). ALU, the French-owned telecommunications equipment company, has operations in a number of Canadian cities focusing on research and development, sales, and customer … Read more
Export Development Canada (EDC), Canada’s leading financier and insurer of Canadian companies that sell internationally, announced that it is providing Quebec-based Baultar Concept Inc. (Baultar) with a USD 374,000 advanced payment bond. As part of Baultar’s contract with AnsaldoBreda S.p.A, (AnsaldoBreda), a rail transport engineering company based in Italy. They were asked to provide a … Read more
