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Business Development Bank of Canada Nov 06 Product Image

Business Development Bank of Canada Nov 06

  • Published: November 2006
  • Region: Canada
  • Standard & Poors

FEATURED COMPANIES

  • Bank of Canada
  • Canada
  • Canadian Wheat Board
  • Export Development Canada
  • Farm Credit Canada
  • MILIT-AIR Inc.
  • MORE

Abstract
Status as an agent Crown Corporation (an agent of Her Majesty in right of Canada) 100% government ownership The provision that its debt constitutes a direct obligation of the Government of Canada (AAA/Stable/A-1+) and is a charge on, and payable out of, the central government's Consolidated Revenue Fund Stable track record of financial self-sustainability on core lending business Good capitalization High-risk nature of mandate focus on small and medium-size enterprises (SMEs), including subordinate financing investments and venture capital equity investments The ratings on Business Development Bank of Canada (BDC) reflect: Its status as an agent Crown Corporation (an agent of Her Majesty in right of Canada); Its ownership by the Government of Canada (Canada; AAA/Stable/A-1+); and The provision that BDC's...

Companies mentioned in this report are:
- Business Development Bank of Canada
- Canada
- Export Development Canada
- Farm Credit Canada
- Canada Mortgage and Housing Corp.
- Canadian Wheat Board
- Bank of Canada
- MILIT-AIR Inc.

Action: Affirmed

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of READ MORE >

- Business Development Bank of Canada
- Canada
- Export Development Canada
- Farm Credit Canada
- Canada Mortgage and Housing Corp.
- Canadian Wheat Board
- Bank of Canada
- MILIT-AIR Inc.

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