Helping Canadian Companies Achieve Success South of the Border October 2011
Mar 22, 2016
Helping Canadian Companies Achieve Success South of the Border
October 2011
Outline
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About EDC
EDC’s Role
Canadian Auto Sector
EDC Support to Canadian Auto Sector
How EDC Facilitates Innovation
About EDC
Canada’s Export Credit Agency
Crown corporation wholly owned by Government of Canada
Financially self-sustaining
Operates on commercial principles
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EDC’s Role
To support and develop Canada’s export trade and international business efforts
Financing and insurance solutions for Canadian exporters and investors
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2010 Performance Highlights
Facilitated $84.6 billion in business volume
Served 8,236 customers
Supported business in 187 countries
Carried out $24.7 billion in emerging markets
Contributed to 4.9% of GDP, supporting 627,704 jobs
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Business Growth
6 As of December 31, 2010
EDC facilitated $84.6B in volume, as Canadian exports rebounded in 2010
Year
Lima, Peru
Supporting Business Worldwide
EDC’s foreign representation
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North America / Caribbean $47.5B (56%)Asia-Pacific $15.2B (18%)Europe $10.7B (13%)South / Central America $5.5B (7%)Africa / Middle East $5.4B (6%)
% = percentage of EDC’s total business volume
Location of EDC Representation
Monterrey, MexicoMexico City, Mexico
Santiago, Chile São Paulo, Brazil
Moscow, Russia
Rio de Janeiro, Brazil
Abu Dhabi, UAE
Mumbai, India
New Delhi, India
Beijing, People’s Republic of China
Shanghai, People’s Republic of China
Singapore
Istanbul, Turkey
Panama
Düsseldorf, Germany
Connecting with Canadian Businesses Across Canada
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17 offices across Canada Able to respond locally to your needs
Edmonton, Alberta
Vancouver, British Columbia
Calgary, Alberta
Regina, Saskatchewan
Winnipeg, Manitoba
Windsor, OntarioLondon, Ontario
Mississauga, Ontario
Toronto, Ontario
Ottawa, Ontario
Montréal, Quebec
Moncton, New Brunswick
Halifax, Nova Scotia
St. John’s,Newfoundland and Labrador
Drummondville, Quebec
Québec City, Quebec
Ville St-Laurent, Quebec
The Canadian Automotive Industry & EDC’s Role
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Canadian Automotive Supply Chain
Extensive automotive history
Strong OEM presence
Diverse parts supply base
World-class TDM industry
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Canadian Auto Sector Needs
Risk Mitigation
Credit insurance, Wrongful call insurance, Political risk insurance
Exporter Credit Capacity
Working capital guarantee, Syndicated loans
Buyer Credit Capacity
Loans, Project finance, Syndicated loans
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Volume Supported by EDC
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$0
$1
$2
$3
$4
$5
$6
2006 2007 2008 2009 2010
Billions
FIN ARI
Accounts Receivable Insurance
Support for sales of parts, tools & molds
Support for foreign affiliates of Canadian companies
Highly customized for the supply chain
Can cover PPAP terms
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Accounts Receivable Insurance
EDC
Exporter
OEM/Parts Supplier
Financial Institution
Credit Insurance Policy
Claim Payment
Accounts Receivable
Goods or Services
Line of Credit
Financing
Working capital support for Canadian exporters
Support to enable foreign expansion
Buyer financing for purchase of Canadian goods
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Term Loan
EDC
Exporter
Financial Institution
Loan
Guarantee
Buyer Financing
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EDCParts Supplier
Exporter/Tool Shop
Indemnity for TS advances
Payout of TS Loanafter PPAP & pmt
Contract
Financing Agreemen
t
Disbursement
EDC Facilitating Innovation
Partnering for success
Supply chain support
Programs for all levels
Unique products
Tooling facilities
Bank guarantees
FX guarantees
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Summary
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EDC is a Canadian Crown Corporation established to support Canadian Industry in the global marketplace
EDC is a key supporter of the Canadian Auto Industry
Innovative financing solutions are a contributor to technical innovation
The Government of Canada offers a number of programs that complement EDC support and contribute to technical innovation in the supply base
Questions/Comments
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Export Development Canada
www.edc.ca
www.edc.ca/automotive
Carl Marcotte, VP Transportation