Export Development Canada Company Description
Export Development Canada (EDC) is trying to erase borders. EDC provides a variety of financial services, including lending, insurance, and risk management, for exporters and investors in Canada. The agency's focus is on creating and sustaining markets for Canadian enterprises. A majority of EDC's customers are small businesses. A Crown corporation owned by the Canadian government, the agency's charter to enable Canadian trade and investment was established in the Canadian Export Development Act of 1985. EDC operates as a commercial entity, but it is accountable to Canada's Minister of International Trade and the Canadian Parliament.
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The Company Description provides a historical perspective of Export Development Canada's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Export Development Canada's evolution in the marketplace.
