Export Development Canada (EDC) - Foreign Exchange Facility Guarantee (FXG)
Source: Notion | Last edited: 2023-02-22 | ID: 2f7fcdf7-dc5...
| Property | Value |
|---|---|
| Description | Protect your profits from foreign exchange risk: Find the best FX hedging instruments for your business, keep your working capital liquid and maintain flexibility to grow. • As a Canadian company, if you sell goods and services internationally and get paid in a foreign currency, there’s a risk that exchange rates could change and you’ll receive less CAD than originally expected. The reverse holds true if you are purchasing products in a foreign currency, with the risk that you will have to… |
| Funded by | Export Development Canada (EDC) |
| Nature | Forex |
Company Requirements
Section titled “Company Requirements”Eligibility is determined by EDC based on:
- The managerial, technical and financial capabilities of your company
- Review of your foreign exchange hedging strategy
- The terms of your financial institution’s foreign exchange facility agreement