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Export Development Canada is Canada's export credit agency. It is a Crown corporation wholly owned by the Government of Canada, which provides financing and risk management services to Canadian exporters and investors in up to 200 markets worldwide, with 17 offices spread across all provinces in Canada, and permanent representations in 12 foreign market.
EDC products and services include insurance, financing for Canadian companies and for their foreign customers, bonding solutions, as well as information on opportunities in international markets.
In 2012, EDC facilitated $87.4 billion in exports, investment and domestic support in 187 markets. Approximately 80 per cent of EDC's customers are small and medium-sized businesses.
As a Crown corporation, EDC operates at arm's length from the federal government and funds it activities by charging fees for its services and interest on its loans, as well as issuing debt in capital markets. EDC operates according to a corporate plan that approved annually by the federal government
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