Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile4 entries
2019
Oil Change International fossil-fuel financing ranking
Oil Change International ranked EDC second globally, after China, for financial support for fossil fuels, intensifying debate over the climate implications of Canada's export-credit agency.
2019
Review of SNC-Lavalin financing
EDC launched a review of a 2011 transaction involving SNC-Lavalin after allegations that funds associated with the financing had been used for bribery.
2018
Risk-management and anti-corruption screening criticism
The Auditor General of Canada reported significant deficiencies related to EDC's risk management. Civil-society reporting also questioned whether EDC had effective screening for corruption in its transactions.
2018
Disproportionate fossil-fuel financing
Research reported that EDC provided far more financial backing to oil and gas companies than to clean-technology companies during the preceding five years, prompting criticism of its environmental priorities.