FinDev Canada
Last updated on 08 Mar 2024

Key facts


The Development Finance Institute Canada (DFIC) Inc. (FinDev Canada) is the Canadian DFI, and is fully owed by EDC, the country’s ECA. It aims to be financially sustainable to have a favorable economic and social impact in the communities where its clients operate.

1 Place Ville Marie #2950
Montreal, QC H3B 2B6

+1 514 673 7154

www.findevcanada.ca
PUBLIC
2018
Credit rating (sovereign) (S&P)
AA+
Foreign currency

Authorizations and exposure


FY 2022 exposure top sectors

Financial industry
62%
Agribusiness value chain
24%
Sustainable infrastructure
12%

FY 2022 exposure

Latin America

45 %

Africa

41 %

Other

14 %

Products


  • FinDev Canada can make loans to support a company’s operations or expansion plans, to be used for activities such as purchasing equipment or facilities, or making acquisitions
    • Grace periods may be provided when needed
    • Loans made at either fixed or variable rates
  • FinDev Canada can provide an irrevocable guarantee to a company’s bank for a loan to support the company’s operations or expansion plans
  • Structured financing can be provided to develop projects that demonstrate social and economic benefits for the host country
  • Borrowers benefit from FinDev Canada’s support, including support for the technical, environmental, and social documentation needed for the project
  • FinDev Canada can provide flexible long-term private equity growth capital to high-potential companies

Policies


  • FinDev Canada provides financing and investments to private sector entities that operate in Latin America, the Caribbean, and Sub-Saharan Africa
  • Priority sectors are:
    • Sustainable infrastructure
    • Agribusiness value chain
    • Financial industry
  • Recipients of financing and investment funds must be able to demonstrate the ability to have an impact on economic and social development in the host country through job creation, a contribution to women’s economic empowerment, climate change mitigation, or adaptation

News


  • 2024: FinDev Canada, IDB Invest and CAF strengthen their commitment to climate action in Latin America and the Caribbean by supporting the region’s first private credit climate finance fund
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