Export Development Canada
If your business is active in the competitive international marketplace, EDC can insure up to 95% of your losses if a customer wrongfully calls a letter of guarantee or if a call is triggered by you not being able to meet your obligations due to specific political risks.
Eligibility is determined by EDC based on:
- Review of the letter of guarantee
- Conditions and economic outlook in your customer’s country, and the customer's profile
Other conditions apply.