Export Development Canada (EDC) was founded in 1944 and is headquartered in Ottawa, Ontario. EDC is a Crown corporation that aims to support Canadian exporters by providing financial services and insurance solutions to promote international trade. The company offers a range of products, including export financing, insurance against trade-related risks, and advisory services tailored for businesses engaging in global markets.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, EDC has played a crucial role in helping Canadian companies access capital through bond issuances. The company began issuing bonds in 1969 to fund its export financing activities, with notable issuances including a record $7 billion raised in 2020 to support businesses during the COVID-19 pandemic. Current yields on EDC bonds are competitive relative to industry standards, reflecting the agency's strong credit rating and commitment to supporting Canadian trade missions. Notably, EDC's bonds often come with unique features such as environmental performance criteria, aligning with broader sustainability goals.