Export Development Canada Solutions

Get the insights, connections, and
financial solutions you need to grow
your business in Ukraine.

Export Development Canada

EDC is a Crown corporation dedicated to helping Canadian companies of all sizes succeed in global markets. We are Canada’s export credit agency and a member of the Government of Canada (GOC) international trade portfolio.

We equip Canadian companies with the tools they need — trade knowledge, connections and financial solutions — to grow their business with confidence and make an impact at home and abroad.

We do this in collaboration with Government of Canada partners like the Business Development Bank of Canada, the Canadian Commercial Corporation, Global Affairs Canada, the Trade Commissioner Service, Farm Credit Canada and with Financial Institutions to help Canadian businesses.

With 21 offices and 23 representations across the globe, including a regional Europe office based in London, UK, we are close to our customers and to buyers.

Environment, Social and Governance (ESG) risk assessments at EDC

We believe in the power of ESG as a business accelerator.

Underlying our support is a commitment to sustainable, responsible and inclusive business, aimed at strengthening the way trade serves society and our planet. Our due diligence processes are aligned with international best practices and consider financial risks as well as risks related to business ethics, financial crime, the environment, human rights and other social factors.

Business integrity is critical to trade and to EDC’s role in helping businesses expand beyond Canada’s border.

Our Code of Conduct, policies and procedures hold us to the highest ethical standards and help us navigate the complexities of the global trade environment in a way that prevents and mitigates financial crime and corruption.

Articles

Explore in-depth articles analyzing the complexities and far-reaching impacts of the illegal Russian invasion of Ukraine. From global risks to the subtle, unseen consequences of war, these insights provide a deeper understanding of the ongoing challenges and their global significance.

Export Development Canada

Visit the official website to learn more about EDC.

RISK MANAGEMENT
Credit Insurance | Assurance crédit d’EDC

EDC Credit Insurance covers 90% of an exporter’s insured losses against the risk of non-payment, should a customer cancel the contract, be unable to pay, or if there’s political instability including war related risks in the customer’s market. This product is available to exporters of all sizes. Policies can be taken out for a single customer or an entire book of receivables.

Company:
EDC
Category:
Risk Management
Tag:
Credit Insurance
RISK MANAGEMENT
EDC Country Risk Quarterly — Summer 2024

EDC’s interactive tool offers economic insights on Canada’s Top 75 export destinations.

Company:
EDC
Category:
Risk Management
Tag:
Country Risk Quarterly
RISK MANAGEMENT
ESG Risk Management

The global risk landscape features an ever-growing list of paradigmatic shifts — from political economy and geopolitics to trade, fnancial markets, the environment, and technology — that will entail both costs and opportunities for years to come.

Company:
EDC
Category:
Risk Management
Tag:
Risk Management

EDC Country Risk Quarterly

Register on myEDC for the latest Country Risk Quarterly.

Financing
EDC Buyer Financing | Financement acheteur

EDC can provide financing to international buyers to purchase Canadian goods and services, through direct loans, or in collaboration with approved financial institutions.

Company:
EDC
Category:
Financing
Tag:
Debt Solution
Financing
EDC Direct Lending | Prêts directs

EDC can provide financing to Canadian exporters to help support their global expansion plans, allowing them to increase their capacity for trade and capitalize their strategic international growth plans.

Company:
EDC
Category:
Financing
Tag:
Debt Solution

EDC Financial Solutions

Please contact us at 1-800-229-0575 or through the EDC contact us form to discuss these solutions for your business

Financing
Export Guarantee Program | Programme de garanties d’exportations

EDC's EGP is a flexible, customizable guarantee that provides up to 100% guarantee on amount financed up to US$25 million.

Company:
EDC
Category:
Financing
Tag:
Working Capital
Financing
EDC Working Capital Guarantee | Guarantee de fonds de roulement

Your financial institution may be able to leverage an EDC working capital guarantee to increase your loan or line of credit, or free up cash held as collateral against a standby letter of credit or a FX contract. Reach out to EDC to discuss which option would work best for your business.

Company:
EDC
Category:
Financing
Tag:
Working Capital

EDC Financial Solutions

Please contact us at 1-800-229-0575 or through the EDC contact us form to discuss these solutions for your business

Knowledge Solutions
EDC Export Help Hub

Our experts know what it takes to grow globally. Find the answers to all of the most important questions that Canadian companies ask—instantly and for free.

Company:
EDC
Category:
Knowledge Solutions
Tag:
Help Center
Knowledge Solutions
EDC Company Insights

Getting into business with the wrong foreign company can cost you. We’ll help you find what you need to know before you sign on the dotted line.

Company:
EDC
Category:
Knowledge Solutions
Tag:
Company Insights
Knowledge Solutions
EDC Webinars

Learn what you need to grow your business from world-class trade professionals.

Company:
EDC
Category:
Knowledge Solutions
Tag:
Webinars
Knowledge Solutions
EDC TradeInsights

From the early stages of exporting to global trade trends, our experts share their knowledge and insights on topics that will help you take your business beyond borders.

Company:
EDC
Category:
Knowledge Solutions
Tag:
Trade Insights
Knowledge Solutions
EDC Economics Insights

With timely insights and financial analysis from our experts, Export Development Canada can help you enter new markets, grow your global business, and reduce risks with confidence.

Company:
EDC
Category:
Knowledge Solutions
Tag:
Economics Insights
Knowledge Solutions
My EDC

Join more than 30,000 Canadians who rely on MyEDC to grow their businesses with confidence.

Company:
EDC
Category:
Knowledge Solutions
Tag:
Business

Evaluating the market in Ukraine

In today’s complex global landscape, knowledge is the key to your business’ survival—and to its ultimate success. But fnding everything you need to know can be tough. EDC's knowledge tools gives you access to the solutions you need right in your MyEDC dashboard.

EDC position

EDC takes the following into account when determining the position in a given market:

  • Government of Canada restrictions
  • Political, human rights and corruption risks
  • Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters

Country risk quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

Global export forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Ukraine

Ukraine is an important economic partner for Canada. The two countries signed a bilateral free trade agreement (CUFTA) that entered into force on Aug. 1, 2017. It eliminated tariffs across many export groups and improved market access to key sectors such as agri-food, infrastructure, energy, cleantech, metals and mining, and information and communications technology (ICT).

CUFTA was modernized in April 2023 and provided new and upgraded chapters on investment, services, temporary entry for business persons, financial services, digital trade, rules of origin, trade and gender. For the first time, it also included a chapter on trade and Indigenous Peoples.

Export Development Canada (EDC) is closely monitoring the impact of Russia’s destructive war on Ukraine, which has targeted a significant part of Ukraine’s infrastructure and severely disrupted its trade and investment environment. Ukraine is facing a significant and growing reconstruction challenge. Supported by CUFTA, Canadian companies will have many opportunities to help Ukraine rebuild. For additional information, create a MyEDC account to view our Export Help Hub entries on Ukraine.

Key industries

  • Agriculture
  • Aerospace
  • Food & Beverage
  • Mining & Metals
  • Oil & Gas
  • Power
  • Renewable Energies
  • Transportation Services
EDC Knowledge Solution

For more details visit the EDC website.

Get regular updates to make informed trade decisions.

Make smarter decisions for your business with EDC’s leading market research and economic intelligence. Stay ahead of the competition by getting the latest information delivered directly to your inbox.

TABLE OF CONTENT

Protect your business as you grow

EDC’s Credit Insurance protects you against the risk of not getting paid and can help you ensure a predictable cash flow to grow your international business.

With our credit insurance, if your customer defaults on payment, we’ll cover 90%of your insured losses. By us taking on the risks, your financial institution can feelconfident about lending you more working capital.

Protect your business as you grow

Our Credit Insurance can be structured to:

  • Cover one sale to offset risks from a new buyer or new country
  • Cover a portfolio of sales to ensure sustainable revenue in a period of uncertainty or ensure a predictable cash flow
  • Administer your policies for both domestic and international sales (PCI only)
  • Protect your sales against a wide range of commercial and political risks

Protect against not getting paid

EDC Credit Insurance covers your losses from commercial and political risks.Get only the coverage you need when you need it. With our credit insurance,you can better manage your risks and costs, with the security of knowingyour sales are protected against non-payment.

Choose between our Select Credit Insurance (SCI) to cover a few sales,or our Portfolio Credit Insurance (PCI) to cover many.

Profit versus loss

Not getting paid on even one shipment can mean the difference betweenannual profits or losses. Protect your bottom line with Credit Insurance.

Risks covered

  • Customer bankruptcy or non-payment
  • Payment delays due to blocked funds or problems in the transfer
  • Issues with currency conversion or transfer
  • Contract cancellation
  • Customer’s refusal to accept the goods
  • Cancellation of export or import permits
  • Hostility in a particular market
*Risk coverage may vary, depending on the policy chosen. Be sure to verify your risk coverage before finalizing your policy.

Managing problem accounts.

Our Credit Insurance is backed by a specialized team of debt-management professionals, who provide expert advice on collection practices and offer preferential rates with collection agencies. We can also place accounts in collection for you.

Get more cash

Borrow against your invoices.

With our Portfolio Credit Insurance, banks may be more willing to lend against invoices for up to 90% of their value, significantly increasing your access to cash.

Ensure investor confidence.

Protecting your balance sheet against risk can give investors the confidence to invest in your business.

Easy claims process.

You can easily submit your claim online where you can monitor the status and receive support from our insurance specialists.

Grow your business

Sell with confidence.

EDC Credit Insurance allows you to transfer many of the risks of new business and markets to us, giving you the confidence to grow internationally.

Enhance your competitiveness.

Our insurance allows you to offer customers more flexible payment terms, which could help you land new contracts. It also enables you to sell to new customers or increase your exposure with existing customers, knowing you’re protected if they don’t pay.

Benefits

  • With a simple online tool, you can get SCI coverage in minutes for up to $500,000 per customer
  • With our coverage, you may also have access to additional EDC resources (financial support, market intelligence, experts) to help you take on the world
EDC Credit Insurance

For more details visit the EDC website.