A Canadian banking partnership led by Export Development Canada (EDC) announced USD 775 million in financing for the global capital expenditure plans of Vale SA, the Brazilian mining conglomerate. Vale is the largest Brazilian investor in Canada, with over USD 7.6 B of investment and 7,100 personnel employed in Canada, including its global center of expertise … Read more
Export Development Canada (EDC) was ranked as the seventh top sustainability performer in Canada, according to the Future 40 Responsible Corporate Leaders in Canada list unveiled by Corporate Knights. “EDC helps Canadian exporters and investors succeed in international business and find new growth opportunities, but as a Crown corporation that operates internationally, we have a … Read more
Export Development Canada announced that it has provided a $ 10 million (U.S.) line of credit to Turkish leasing company Ak Finansal Kiralama (AkLease), which will be used to provide financing to Turkish companies leasing equipment from Canadian manufacturers. Call 613-598-2904.
GE Canada and Export Development Canada (EDC) are working together to identify and introduce innovative and globally minded Canadian companies into the supply chain of GE Aviation Bromont in Quebec. EDC, Canada’s leading provider of trade financing and insurance, will introduce 13 of its SME customers to the GE Aviation Bromont team. The introductions are being made … Read more
Export Development Canada (EDC) opened a new permanent representation in Bogota. EDC will use the representation to expand its presence in the Andean region towards helping Canadian companies take advantage of Colombia’s anticipated infrastructure boom. EDC provides financing and insurance products to help Canadian companies grow their international business. Part of that offering includes financing for … Read more
Export Development Canada (EDC) priced its first Green Bond in the principal amount of USD 300 million, reflecting EDC’s commitment to the environmental aspects of its Corporate Social Responsibility (CSR) principles. EDC’s current portfolio of green assets includes loans made to companies who are active in fields of preservation, protection or remediation of air, water, … Read more
Export Development Canada (EDC), Canada’s leading financier and insurer of Canadian exporting companies, announced that Canadian companies providing supply and/or services into the Hebron and White Rose platforms can now access its financing, bonding and insurance products. EDC recently concluded a review of the two platforms to assess the levels of production destined for international … Read more
Canadian exporters and investors are feeling somewhat 'bullish' about future prospects, according to a semi-annual survey of Canadian companies released by Export Development Canada (EDC). The overall increase in the Trade Confidence Index (TCI) was primarily impacted by a majority of respondents who indicated that they believed global economic conditions would improve over the next … Read more
Ontario's international exports are set to grow by 8 per cent in 2013 and another 4 per cent in 2014, according to Export Development Canada's (EDC) Global Export Forecast. EDC's chief economist Peter Hall was in Ottawa to deliver his provincial export forecast to a breakfast audience of Invest Ottawa members. More information is available online. … Read more
Alberta's international exports are set for steady growth over the next two years, across all sectors, according to Export Development Canada's (EDC) Global Export Forecast. EDC's chief economist Peter Hall was in Edmonton to deliver his provincial export forecast to the Canadian Manufacturing and Exporters (CME) membership, where he predicted Alberta's exports will grow by 9 per cent … Read more
