Susannah Crabtree

Export Development Canada's 2025 Integrated Annual Report details the organization's strategic approach to empowering Canadian companies and strengthening national trade resilience. Five years into its 2030 strategy, the plan prioritizes championing future-oriented industries including agri-food, energy and energy transition, critical minerals, digital industries, and advanced manufacturing. Key focus areas involve broadening trade partnerships, especially in Europe and the Asia-Pacific, and enhancing Canada's trade and productive capacity through strategic infrastructure and productivity investments, all aimed at positioning Canada as a more resilient and competitive global trading nation.

This Corporate Plan outlines Export Development Canada's vision for 2026-2030, aiming to transition Canada into a global trading nation with a more competitive and secure future. The plan focuses on three strategic priorities: diversifying Canadian trade by increasing engagement in Europe and the Indo-Pacific, championing industries and exporters of the future (specifically agri-food, energy and energy transition, critical minerals, digital industries, and advanced manufacturing), and building trade-enabling infrastructure and productive capacity within Canada. It seeks to support Canadian businesses of all sizes, empower employees, leverage strategic partnerships, and drive responsible business growth, all while maintaining financial sustainability and contributing to the Government of Canada's trade agenda.

This Global Economic Outlook from Export Development Canada provides an analysis and forecast for the global economy, detailing macroeconomic trends, country-specific projections, and commodity outlooks. It highlights the resilience of the global economy amidst policy shifts and trade tensions, particularly focusing on the impact of U.S. tariffs. The report outlines forecasts for global GDP growth, currency and interest rates, and commodity prices, emphasizing the need for businesses and policymakers to adapt to a fragile and evolving economic landscape.

The annual public meeting included honoring the lands and people of the Anes Shanab Algonquin Nation. In 2023, EDC served many customers with financial and knowledge solutions, facilitating a significant amount in exports, foreign investment, and trade development activities, with a focus on emerging markets. The corporation is working towards a goal of growing Canada's exports, focusing on high-growth markets and sectors, tailoring support for various business sizes, innovating digitally and culturally, and embedding ESG principles. The annual report details these elements and the stories of Canadian companies growing sustainably. Gratitude was expressed to private and public sector partners supporting Canada's trade agenda, with a commitment to continue innovating and championing Canadian exporters.

The meeting covered EDC's financial results for 2023, noting a decrease in net income compared to 2022 due to higher provisions for credit losses and unrealized losses on financial instruments. EDC Solutions facilitated $131 billion in business, with a decline in insurance offset by growth in financing and investments. Loan cost provisions were higher, and gains in the investment portfolio were lower compared to the previous year. Administrative expenses increased due to investments in digital capabilities, support for the medium segment, and international market expansion. The focus remains on the 2030 strategy and supporting Canadian companies internationally.