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Statement of Priorities and Accountabilities for Export Development Canada

December 21, 2022
Mr. Lindsay Gordon
Interim Chair of the Board of Directors
Export Development Canada
150 Slater Street
Ottawa ON K1A 1K3

Dear Mr. Gordon:

I am pleased to provide Export Development Canada (EDC) with its 2023 Statement of Priorities and Accountabilities.

This is a pivotal time for Canada’s economy and approach to trade. Recovery from the COVID-19 pandemic, fallout from Russia’s illegal invasion of Ukraine, the climate crisis, supply chain disruptions, and global economic headwinds are among the myriad of challenges facing Canadian businesses. In response to these challenges, EDC has delivered strong results as part of Canada’s trade support network. From administering the Canada Emergency Business Account to support over 900,000 small businesses through the pandemic, to standing firm with our allies to swiftly respond to Russia’s illegal attacks on Ukraine, EDC has been there for Canadians.

Looking to the year ahead, I expect EDC to focus on: i) enhancing trade support; ii) supporting sustainable and responsible growth; and, iii) delivering results for Canadians. This work will allow Canadian businesses the opportunity to develop and grow internationally, contributing to our economic prosperity and creating good-paying jobs across the country.

Enhancing Trade Support

As the Minister responsible for supporting Canadian businesses from start-up, to scale-up and to expansion abroad, ensuring Canada has a complete suite of tools to support its exporters is a cornerstone of my mandate. Canadian companies succeed internationally when they have a strong network of seamless and high quality services at home. To this end, I ask that EDC:

Supporting Sustainable and Responsible Growth

As Canadians, we hold ourselves to a high standard when engaging in business abroad. Our competitiveness is amplified through principles of sustainability and responsibility. In continuing to support this vision, I ask that EDC:

Delivering Results for Canadians

To help Canadian businesses successfully navigate the challenges of the current global economic environment, maintain a focus on Canadian economic growth and support the Government’s long-term trade strategy, I ask that EDC:

EDC has had a remarkable year, working in partnership with the Government of Canada to deliver vital support to businesses and communities across the country. Despite global economic headwinds on the horizon, Canadians can be confident that EDC will continue to be there to support their ventures in both familiar and new markets, helping them achieve prosperity through trade that is inclusive, competitive, and sustainable.

I look forward to working with EDC in the coming year to continue meeting the needs of Canadian businesses and advancing the priorities outlined in this letter.


The Honourable Mary Ng, P.C., M.P.

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