EDC — Foreign Exchange Facility Guarantee

Q: How much funding can be received?

There is no informations about how much funding can be received.

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Is the EDC — Foreign Exchange Facility Guarantee a grant, loan, or tax credit?

EDC — Foreign Exchange Facility Guarantee is a Other Support

Q: Who are the financial supporters of the EDC — Foreign Exchange Facility Guarantee?

EDC — Foreign Exchange Facility Guarantee is funded by Export Development Canada (EDC), Government of Canada

Q: Who is eligible for the EDC — Foreign Exchange Facility Guarantee program?

To be eligible for the EDC — Foreign Exchange Facility Guarantee program, you must: • Be a registered Canadian company that meets the definition of an exporter. • Have a business banking relationship with a Canadian financial institution. • Meet certain environmental, social and governance standards and other non-financial criteria.

Q: Who can I contact for more information about the EDC — Foreign Exchange Facility Guarantee?

You can contact Export Development Canada (EDC) by email at example@edc.ca or by phone at 1-800-229-0575.

Q: Where is the EDC — Foreign Exchange Facility Guarantee available?

The EDC — Foreign Exchange Facility Guarantee program is available across Canada.

Last Update: July 29, 2025

Canada

Free up collateral held against your foreign exchange contracts

At a glance

Eligible Funding

No Condition

Timeline

Open Date : July 9, 2024

Financing Type

Other Support

Eligible Industries

Manufacturing

Funds Providers

Unspecified

Program status

Open

Overview

You can manage FX risk by implementing a sound foreign exchange hedging strategy, which your financial institution or other FX provider can help you establish. A Foreign Exchange Facility Guarantee can replace their collateral requirement and free up your

Financing terms and conditions

Provides up to 100% coverage on your foreign exchange (FX) contract for collateral requirements, eliminating the need for additional collateral.
Allows booking of FX contracts for up to three years.

Activities funded

Securing foreign exchange contracts to manage currency fluctuation risk.
Implementing foreign exchange hedging strategies to stabilize cash flow and profit margins.
Accessing foreign exchange risk management tools to improve budget forecasting and financial planning.
Freeing up working capital for operational needs or new business opportunities by replacing collateral requirements on FX contracts.

Examples of admissible projects:

$ 30,000

Implement sound foreign exchange hedging strategy for a tech startup

$ 55,000

Develop FX hedging strategy for a social economy enterprise

$ 25,000

Implement FX risk management for a nonprofit organization

$ 40,000

Establish FX hedging for a community development organization

$ 70,000

Mitigate foreign exchange risk for an import-export business

$ 50,000

Stabilize FX risk for an agricultural cooperative

Eligibility

The applicant must be a registered Canadian company that meets EDC’s definition of an exporter.
The business must have a banking relationship with a Canadian financial institution.
The company must meet certain environmental, social, and governance standards, as well as other non-financial criteria set by EDC.
The applicant must have, or be considering, a foreign exchange contract or other hedging instrument with their financial institution.

Who is eligible?

Registered Canadian companies that are exporters

Eligible expenses

Collateral requirements for foreign exchange (FX) contracts covered by the guarantee.

Eligible geographic areas

Companies registered in Canada.

Selection criteria

There are evaluation and selection criteria for this grant. The eligibility for the grant is based on the managerial, technical, and financial capabilities of your company, review of your foreign exchange hedging strategy, and the terms of your financial institution's foreign exchange facility agreement.

Managerial, technical, and financial capabilities of your company
Review of foreign exchange hedging strategy
Terms of financial institution's foreign exchange facility agreement

How to apply

Determine eligibility

Assess your company's administrative, technical, and financial competencies.
Review your company's currency risk management strategy.
Evaluate the terms of your financial institution's foreign exchange facility agreement.

Acquire the guide

Submit your professional email to receive the guide on optimizing foreign exchange risk coverage strategies.
Agree to receive EDC's electronic newsletters, trade information, and promotional messages.

Read the guide and understand content

Comprehend the various instruments for foreign exchange coverage.
Learn how to develop a strategic coverage plan to protect and grow your business.

Contact EDC for personalized support

Reach out to EDC's contact number or email for further assistance in implementing a tailored strategy.

Additional information

FXG enables access to more advanced foreign exchange hedging tools, including booking contracts for up to three years.
This guarantee can increase a business's borrowing capacity and improve cash flow management by freeing up working capital.
Locking in exchange rates with FXG can facilitate more accurate foreign exchange budget forecasting.
EDC collaborates with your financial institution during the review and setup of the FXG.

Documents and links

EDC — Foreign Exchange Facility Guarantee

Contacts

example@edc.ca

1-800-229-0575

Apply to this program

Frequently Asked Questions about the EDC — Foreign Exchange Facility Guarantee Program

Here are answers to the most common questions about the EDC — Foreign Exchange Facility Guarantee. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the EDC — Foreign Exchange Facility Guarantee?

How much funding can be received?

What expenses are eligible under EDC — Foreign Exchange Facility Guarantee?

Securing foreign exchange contracts to manage currency fluctuation risk. Implementing foreign exchange hedging strategies to stabilize cash flow and profit margins. Accessing foreign exchange risk management tools to improve budget forecasting and financial planning. Freeing up working capital for operational needs or new business opportunities by replacing collateral requirements on FX contracts.