Export Development Canada
- Export Development Canada
Export Development Canada (EDC) is Canada's export credit agency, and a Crown corporation that provides financing and risk management services to Canadian exporters and investors in up to 200 markets worldwide. EDC and the Canadian Commercial Corporation are the two Crown corporations responsible for facilitating international trade.
In 2007, EDC‘s services and deal structuring capabilities helped to facilitate $77 billion in transactions for Canadian companies. [ [http://www.edc.ca/english/docs/ereports/commentary/publications_14445.htm Exporters Seeking More Risk Management - April 9, 2008] ] Approximately 90 per cent of EDC’s customers are small and medium-sized businesses. Canadian companies utilize EDC services in virtually every world market, however, these services can be particularly effective in facilitating trade and investment in emerging markets that are opportunity rich but may also pose increased levels of risk. [ [http://www.businessedge.ca/article.cfm/newsID/17662.cfm Business Edge: EDC proves port in storm for exporters] ] EDC is financially self-sufficient and operates on commercial principles.
EDC publishes a quarterly magazine for Canadian Exporters, ExportWise ( "Exportateurs avertis" in French). In 2007, EDC won an award for excellence in electronic client relationship management, presented by the Treasury Board of Canada Secretariat. [ [http://www.tbs-sct.gc.ca/reports-rapports/cc-se/2007/cc-se05-eng.asp Treasury Board of Canada Secretariat: Crown Corporations and Other Corporate Interests of Canada 2007] ]
References
External links
* [http://www.edc.ca EDC official website]
* [http://www.ecologic.de/download/projekte/1800-1849/1809/1809wcd_ecas_en.pdf The Use of Environmental and Social Criteria in Export Credit Agencies’ Practices] , by Markus Knigge et al. Published in 2003 by the [http://www.gtz.de/en/ Deutsche Gesellschaft fuer Technische Zusammenarbeit - GTZ]
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