If you want Export Development Canada (EDC) Structured and Project Finance, you must show clear economic benefits to Canada. This is a core requirement. EDC backs large, export-focused projects that create real value for Canada’s economy—not just for your business.
This guide explains what EDC means by “economic benefits to Canada,” the types of benefits they look for, and how to present your case with strong evidence.
EDC’s Structured and Project Finance program is for large, capital-heavy international projects with revenues over $50 million. Your project must give Canada’s economy clear, measurable benefits.
EDC wants benefits that are direct, easy to trace, and long-lasting. General claims or vague promises do not count.
To qualify, your project must:
If you cannot show these benefits, EDC will not support your project, even if it is financially strong.
When EDC reviews your project, they focus on Canadian involvement and impact. The strongest applications usually include several of these benefits.
This is the most important sign of benefit.
Show:
Give numbers and details, for example:
EDC values job creation and job stability in Canada.
Include:
If jobs are kept, not created, explain why your project is vital for keeping them.
EDC prefers projects with strong Canadian involvement.
Examples:
Be clear about your company’s role, especially if the project is outside Canada.
EDC also looks for projects that help Canada’s position in the world.
Examples:
These benefits must be specific and believable.
Strong claims need strong proof. EDC expects clear documents and numbers.
Prepare to provide:
Using tools like GrantHub’s eligibility matcher can help you check if EDC financing is right for your project before you prepare detailed documents.
Saying “the project supports the Canadian economy” is not enough. EDC wants numbers, contracts, and timelines.
EDC cares most about direct economic benefits. Indirect or possible impacts should support, not replace, solid evidence.
If you wait until late in the process to show Canadian involvement, your case is weaker. Build Canadian content into your project from the start.
Projects outside Canada can qualify, but only if you can clearly show Canadian economic benefits.
Q: Is EDC Structured and Project Finance a grant?
No. It is repayable financing, not a grant. EDC acts as a lender, arranger, or underwriter for large projects.
Q: What is the minimum project size for EDC project finance?
Projects must generate over $50 million in revenues to be considered.
Q: Do projects need to be located outside Canada?
The project must involve export or international activities. Many projects are outside Canada, but the key is Canadian economic benefit.
Q: What sectors does EDC support under structured and project finance?
Eligible sectors include energy, infrastructure, utilities, mining, renewables, and sustainable technologies.
Q: How much financing can EDC provide?
There is no fixed cap. Financing can range from tens of millions to hundreds of millions or more, depending on project size and risk.
Demonstrating economic benefits to Canada means showing proof, not just making promises. The more clearly you show numbers, contracts, and Canadian involvement, the stronger your EDC financing application will be.
GrantHub tracks hundreds of active federal and provincial funding programs, including export and financing supports. Checking which programs fit your project early can help you save time and focus on the best options.
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