Export Development Canada (EDC) is announcing a $200 million loan to Lotte Shopping Co., Ltd., one of South Korea’s largest and most diversified retail conglomerates. This marks EDC’s first loan transaction in South Korea. It is also the inaugural deal between Lotte Shopping and EDC, following the Market Leadership Partnership (MLP) program Memorandum of Understanding … Read more
Ericsson and Export Development Canada (EDC), Canada’s export credit agency, have signed a USD$3 billion partnership agreement to promote Canadian investment in advanced technologies, including 5G and quantum innovation. The three-year partnership will enable Ericsson to expand its Canadian-led innovation and global projects with the support of financial and insurance solutions from EDC. “This agreement reflects a … Read more
Export Development Canada’s (EDC) latest cleantech industry report highlights Canada’s leadership in three high-growth sectors: renewable energy, electric vehicles (EVs) and electrification technologies. The report, titled Canada’s cleantech future: Scalable, profitable, essential, underscores the resilience and economic potential of these mature clean technologies, positioning Canada as a vital player in the global energy transition. “The cleantech landscape … Read more