Export finance, insurance, and market intelligence
Export Development Canada (EDC) is Canada’s export credit agency and a Crown corporation that helps Canadian businesses sell goods and services abroad. It offers financing, insurance, guarantees, market intelligence, and business connections to support companies of different sizes as they enter new markets and participate in international supply chains. EDC works across sectors including agri-food, energy and energy transition, critical minerals, advanced manufacturing, digital industries, and defence and security, and partners with financial institutions, government agencies, and other organizations to provide complementary trade and investment support. Its goal is to help Canadian exporters manage risk, secure the capital and information they need, and build global connections to grow international trade.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$1B
Headquarters
Ottawa, Canada
Founded
1944
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East Side Games Group has transferred its banking relationship to National Bank of Canada, securing CAD 4 million in credit based on accounts receivable and tax credits. The company also obtained a USD 4 million term loan facility from Export Development Canada's Direct Lending Program for game development. Part of the proceeds will pay off an existing line of credit with Royal Bank of Canada. The EDC funding is designated for developing two unannounced titles planned for release in 2027. The company announced the new banking arrangements as part of its financing strategy for future game development projects.
Export Development Canada is opening 3 new offices in Europe. Posted October 1, 2026 1:05 pm Export Development Canada is set to open two new offices in Europe this year and another in 2027, the Crown corporation said in a statement Thursday. The move comes amid deepening ties between Canada and the European Union, including a proposal by European Commission President Ursula von der Leyen to make Canada the EU's first "associate member." As part of the next phase of its Europe strategy, EDC is opening new offices in France and Sweden, Canada's federal export credit agency said in a statement. A third new office in Poland is being planned for 2027, the agency added. Along with the offices in the United Kingdom, Germany and Turkey, these offices will help put EDC and Canadian businesses "closer to European buyers, investors, financial institutions and strategic partners," EDC said. The agency is citing growing interest among Canadian exporters to sell to Europe as the driving force behind the move. Almost one-third (31 per cent) of Canadian exporters say they plan to enter the European market in the next two years, according to EDC's 2026 Trade Confidence Index. Get breaking national news. Deepening trade ties with the EU is a key pillar of Prime Minister Mark Carney's strategy to double Canada's non-U.S. exports as U.S. President Donald Trump's trade war continues. Trade talks collapsed between Canada and the United States in August after Ottawa walked away from the negotiating table in response to last-minute terms that Carney says the U.S. demanded, including restrictions on Canada entering into new trade deals with other countries. Since then, Trump has escalated his economic attacks against Canada, imposing multiple rounds of tariffs as well as import restrictions. EDC projects Canada's exports to Europe could exceed US$104 billion in goods and US$41 billion in services by 2035. Canada and the EU have already increased their volume of trade by 75 per cent in less than a decade since the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) was signed, International Trade Minister Maninder Sidhu said in a statement. "EDC's expanded presence will build on that success as we work to double our non-U.S. exports. This means more Canadian businesses building lasting partnerships, reaching new customers and creating good-paying jobs for workers here at home," he said. Story continues below advertisement While CETA has been provisionally implemented, it isn't yet fully ratified as some European Union member states still need to ratify the agreement in their individual legislatures. Belgium, Bulgaria, Cyprus, France, Greece, Hungary, Ireland, Italy, Poland and Slovenia are the states that haven't yet ratified the trade deal. U.S. news outlet Politico reported earlier this week that Ottawa and Brussels are expected to announce a sweeping new partnership pact, which includes jointly stockpiling critical minerals. The stockpile will help "to insulate from market fluctuations and geopolitical impacts," a joint Canada-EU memo obtained by Politico said. The two sides are also expected to step up energy cooperation, break down digital trade barriers, cooperate on defence and jointly purchase water bombers to coordinate the fight against wildfires in both jurisdictions. (C) 2026 Global News, a division of Corus Entertainment Inc.
EDC strengthens its European presence to unlock growth opportunities for Canadian exporters. October 01, 2026 Ottawa New European representations will help deepen trade and investment ties. At a time of significant economic transformation in Europe and growing demand for trusted international partners, Export Development Canada (EDC) is expanding its presence across the continent to help Canadian companies diversify their exports, build commercial relationships and pursue new opportunities in some of the world's most dynamic economies. As part of the next phase of its Europe strategy, EDC is opening new representations in France and Sweden, with a representation in Poland planned for 2027. Complementing EDC's established presence in the United Kingdom, Germany and Türkiye, these new representations will put EDC closer to European buyers, investors, financial institutions and strategic partners. This stronger in-market presence will help Canadian companies identify opportunities earlier, navigate local business environments and establish commercial relationships more quickly and effectively. "At a time when trade and investment ties between Canada and Europe are deepening, our expanded presence will help Canadian companies by building pragmatic relationships with like-minded trading partners across Europe," said Alison Nankivell, EDC's President and CEO. "EDC's unique strength lies in pairing financing and risk expertise with international relationships built over decades. Through this, we can help our customers seize this important moment to build their competitiveness and resilience." Europe offers Canadian companies access to more than 700 million consumers, with preferential trade access through Canada's free trade agreements. Since the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) was provisionally applied in 2017, total trade between Canada and the EU has grown by a significant amount, reaching $178.6 billion in 2025. EDC's 2026 Trade Confidence Index found 31% of Canadian exporters plan to enter Europe in the next two years, a region where Canada's export potential could reach more than US$104 billion in goods and US$41 billion in services by 2035, according to projections by EDC Economics. "Europe is one of Canada's most trusted partners, and last year EDC facilitated an estimated $16.2 billion in Canadian exports to the region, supporting more than 1,700 businesses," said The Honourable Maninder Sidhu, Minister of International Trade. "Trade between Canada and the EU has grown by more than 75% since CETA came into force, and EDC's expanded presence will build on that success as we work to double our non-U.S. exports. This means more Canadian businesses building lasting partnerships, reaching new customers and creating good-paying jobs for workers here at home." Working closely with Canada's Trade Commissioner Service and other government partners, as well as industry and financial leaders, EDC's in-market teams combine local relationships and market knowledge with financing and risk expertise to help Canadian exporters identify opportunities, navigate local conditions and advance commercial relationships. Europe's economy is undergoing significant transformation driven by investments in energy security, defence modernization, digital technologies, advanced manufacturing and supply chain resilience. These shifts are creating new opportunities for Canadian companies with the expertise, technologies and products needed by European buyers and investors. Customer success stories. Northland Power is a Toronto-based global energy company with nearly four decades of experience developing and operating large-scale power projects. In June 2026, its 1.1-gigawatt Baltic Power project with ORLEN delivered the first offshore wind-generated electricity to Poland's national grid. Supported by EDC project financing, Northland has expanded into Poland's emerging offshore wind market, advancing the country's clean energy transition and helping deliver a landmark European energy project. Boralex, from Kingsey Falls, Quebec, is a renewable energy company and France's largest independent onshore wind producer. Since 2016, EDC has provided working capital and project financing to support its international expansion. This included financing Limekiln, Boralex's first U.K. wind farm and one of the country's largest onshore wind projects. EDC's support has helped Boralex free up capital, advance clean energy projects and strengthen its presence in key European markets. Activate Games, based in Winnipeg, combines physical activity, immersive technology and interactive challenges in the world's first active gaming experience. EDC worked with RBC to provide direct lending, loan guarantees and trade finance support, helping the company accelerate its U.S. expansion. Europe is now central to Activate's global growth, with locations in the United Kingdom, France and Finland, and further expansion planned across Scandinavia and Germany. Laserax, founded in Québec City, provides industrial laser solutions to automotive, clean energy, battery and manufacturing customers worldwide. In 2026, EDC financed Laserax GmbH's acquisition of a majority stake in German laser specialist SLCR Lasertechnik GmbH. The transaction, the second Laserax acquisition supported by EDC, is expected to accelerate the company's European expansion and advance its strategy to become a global leader in sustainable industrial laser applications. About EDC. Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC has the financial products and knowledge Canadian companies need to confidently enter new markets, reduce financial risk and grow their business as they go from local to global. Together, EDC and Canadian companies are building a more prosperous, stronger and sustainable economy for all Canadians. Media contact. Export Development Canada You should also check out. At a time of heightened economic volatility and trade uncertainty, EDC is not only continuing to stand tall for Canada - Export Development Canada is leaning in with renewed purpose. Export Development Canada is sharpening its focus on how Export Development Canada can contribute even more meaningfully to Canada's trade priorities, by exploring new ways to help Canadian exporters and sectors scale their offerings and reach new global markets. Date modified: 2026-10-01
Troilus Mining Corp. (TSX: TLG; OTCQX: CHXMF) announced today that it has secured an US$850 million credit-approved debt commitment for its gold-copper […]
EMERGE Commerce has refinanced its $5.85 million debt with Desjardins Ontario Credit Union, securing a seven-year term through September 2033 with a 3.70% interest rate reduction. The new facility lowers the interest rate from 11.00% to 7.30%, reducing it from Prime Rate plus 6.55% to Prime Rate plus 2.85%. The Toronto-based e-commerce company expects approximately $400,000 in cash flow savings during the first year from lower interest costs and reduced refinancing expenses. EMERGE plans to use most of these savings to reduce debt whilst maintaining flexibility for growth and acquisitions. The refinancing also includes a $1 million revolving line of credit for working capital, guaranteed by Export Development Canada. The company operates profitable e-commerce brands across direct-to-consumer and business-to-business segments, including truLOCAL meat subscription service and golf-related businesses.