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Export Development Canada Feb 10 Product Image

Export Development Canada Feb 10

  • Published: February 2010
  • Standard & Poors

FEATURED COMPANIES

  • Export Development Canada
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Abstract
Status as an agent Crown corporation (agent of Her Majesty in right of Canada) 100% government-owned The provision that debt constitutes a direct obligation of the Canadian government and is a charge on, and payable out of, the government's Consolidated Revenue Fund Solid track record of financial self-sustainability Good capitalization High concentration of exposure to transportation and natural resource companies High concentration of exposure in the U.S., reflecting Canada's trade links The ratings on Export Development Canada's (EDC) debt issues reflect Standard & Poor's Ratings Services' opinion of the following factors: EDC's status as an agent Crown corporation (agent of Her Majesty in right of Canada); The Government of Canada's (AAA/Stable/A-1+) 100% ownership in it; and The provision that its...

Companies mentioned in this report are: Export Development Canada
Action: Review

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Export Development Canada

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