Open
Source verified June 18, 2026
EDC — Performance Security Insurance
Insurance protection for performance security risks
Latest source updateLast Update: April 27, 2026Latest change: EDC’s content now shows a new Guarantee Products and Other Insurance Declaration and Indemnity, replacing the earlier single-transaction support application form.View change
Latest source update
Last Update: April 27, 2026
Latest change: EDC’s content now shows a new Guarantee Products and Other Insurance Declaration and Indemnity, replacing the earlier single-transaction support application form.
EDC guarantee document updated
EDC’s content has shifted from a single-transaction support application form for Performance Security Insurance and Surety Fronting to a much broader Declaration and Indemnity for Guarantee Products and Other Insurance. The new version adds expanded definitions, indemnity obligations, disclosure requirements, and contact details tied to the International Trade Guarantee Program. This appears to change the program’s scope, participating parties, and operating terms rather than just the wording of a form. The grant details should be reviewed carefully because the active document now covers a different support structure and broader insurance/guarantee coverage.
Funding available
Varies by project
Deadline
Open continuously
Opened June 18, 2026
Location
Canada
Overview
EDC provides support for performance security insurance to protect against wrongful or excessive calls on bank instruments. It covers single transactions involving performance bonds, guarantees, and related export contract support.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Access new markets
Eligible Funding
- Varies by project
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Protection for bank instruments linked to contract performance.
- Coverage for wrongful calls on guarantees and bonds.
- Coverage for excessive calls on guarantees and bonds.
- Coverage for political-risk-related calls on bank instruments.
Documents Needed
- Application for Single Transaction Support
- Customer Profile and Consent form
- Declaration and Indemnity form for guarantee products
Official resources
Eligibility
Who is eligible?
- Exporting businesses
- Companies seeking support for contract performance guarantees
- Businesses using bank instruments such as bonds or letters of guarantee
Ineligible Costs and Activities
- Amounts related to unresolved commercial disputes between the customer and the counterparty
How to apply
- Step 1
- Complete the Application for Single Transaction Support.
- Provide customer, counterparty, and transaction details.
- Step 2
- Complete the Customer Profile and Consent form.
- Complete the Declaration and Indemnity form, if required.
- Step 3
- Submit the forms and any required supporting documents to EDC.
- Step 4
- Wait for EDC to review the file and determine eligibility.
Processing and Agreement
- EDC reviews the submitted forms and supporting information.
- EDC assesses the guarantee letter, customer profile, country conditions, and contract-related risks.
- EDC determines eligibility based on its review.
- If support is issued, the customer may need to sign an indemnity agreement.
Additional information
- EDC relies on the accuracy of the information provided in the application materials.
- The applicant may be asked to provide additional information to verify export status or assess risk.
- The customer and any co-indemnitors may need to sign an indemnity agreement.
Contacts
Frequently Asked Questions about the EDC — Performance Security Insurance Program
What is the EDC — Performance Security Insurance?
EDC provides support for performance security insurance to protect against wrongful or excessive calls on bank instruments. It covers single transactions involving performance bonds, guarantees, and related export contract support.
Who is eligible for the EDC — Performance Security Insurance program?
To be eligible for the EDC — Performance Security Insurance program, you must:
EDC review of guarantee letter
Country and customer profile assessment
Linked to a signed contract or bid
What expenses are eligible under EDC — Performance Security Insurance?
Protection for bank instruments linked to contract performance.
Coverage for wrongful calls on guarantees and bonds.
Coverage for excessive calls on guarantees and bonds.
Coverage for political-risk-related calls on bank instruments.
Who can I contact for more information about the EDC — Performance Security Insurance?
You can contact Export Development Canada (EDC) by email at itg-apsg-coverage@edc.ca.
Where is the EDC — Performance Security Insurance available?
The EDC — Performance Security Insurance program is available across Canada.
Is the EDC — Performance Security Insurance a grant, loan, or tax credit?
EDC — Performance Security Insurance is a Other Support
Who are the financial supporters of the EDC — Performance Security Insurance?
EDC — Performance Security Insurance is funded by Export Development Canada (EDC)