Export Development Canada
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Ottawa approves new $10B loan guarantee for Trans Mountain pipeline projectThe federal government has approved a new, approximately $10-billion loan guarantee for the Trans Mountain pipeline project.CanadaMay 11
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Most of Ottawa’s $1.6B bailout for Alberta oil and gas industry has been handed outCanada's $1.6-billion bailout package for Alberta's battered oil industry is well underway but with little transparency about who is getting the money and for what.CanadaNov 15, 2019
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Export Development Canada staff had no knowledge of SNC-Lavalin corruption: probeThe Crown corporation launched a three-month probe after CBC News reported allegations by an unnamed SNC-Lavalin insider stating it was well known within the engineering firm that "technical fees" in its proposals included cash earmarked for local consultants or agents.CanadaJul 25, 2019
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Canadian export agency probing claim it backed SNC-Lavalin on corrupt Angola dam projectExport Development Canada says it's reviewing support it gave to SNC-Lavalin after learning of an allegation the agency backed the company on a dam project in Angola that it won corruptlyCanadaApr 3, 2019
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Canadian export financing agency throws $5B to clean tech — and $62B to oil and gas, study showsThe federal Liberals repeatedly say clean technology is a $26-trillion opportunity that Canada is taking advantage.PoliticsNov 22, 2018
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Special federal remission program relieves $110M in tariffs in wake of trade disputeA special program meant to help Canadian companies hit by retaliatory tariffs on steel and aluminum imports by the U.S. has started to roll out millions in relief money.CanadaNov 6, 2018
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Canadian bank lent controversial South African family $52M for a luxury jet, which is now missingThe EDC said that the family defaulted on the loan back in October and still owes the bank $27 million. In addition, the EDC is concerned that the plane has been used to help members of the Gupta family escape legal repercussions.CanadaMar 2, 2018
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GE Canada scales back plans to build new engine factory in Wellend, Ont.GE Canada is scaling back its plans to build a new engine factory in Welland, Ont., because of slow demand from the oil and gas industry.CanadaJun 1, 2016
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Ontario, PEI to lead all provinces in exports in 2016A new forecast predicts Ontario and Prince Edward Island will lead all provinces with seven per cent growth in exports this year, thanks to a resurgent auto sector, high demand in the U.S. and a low Canadian dollar.MoneyApr 26, 2016
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Ontario exports to rise 11 per cent this year and six per cent in ’16, says EDCA new forecast by Export Development Canada predicts Ontario will see broad-based gains in exports this year and next thanks to a favourable exchange rate and rising demand caused by a strong recovery in the U.S. economy.CanadaNov 12, 2015
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