Thursday, September 2, 2010

Export Development Canada Celebrates 10th Anniversary of Mexico Representation

(Export Development Canada)

Export Development Canada (EDC) is celebrating the 10-year anniversary of the opening of its first of two representations in Mexico, capping a decade in which the Canadian export credit agency undertook almost CAD 20 billion in business volume in the Mexican market.

“Mexico has been a longstanding market of choice for Canadian exporters and investors because of the natural matches between the key sectors in our countries,” said Stephen Poloz, Senior Vice-President of Financing, EDC, who is in Mexico this week to meet with EDC's Mexican customers, partners and Canadian clients. “The billions in business between EDC and our Mexican customers reflect the esteem that Canadian companies have for the energy and growth focus of the Mexican market.”

EDC provides financial solutions to Mexican companies that have or are considering Canadian suppliers or partners. The key sectors of EDC related trade between Canada and Mexico are mining, oil and gas, infrastructure and the environment, telecommunications and transportation. Read the complete press release here.