EDC Expands Trade Impact Program to Counter U.S. Tariffs, Boosts Risk Appetite — Export Development Canada

Event summary

EDC's Trade Impact Program (TIP) has deployed $3 billion since its March 2025 launch, supporting 800+ Canadian exporters.
Program expansion includes $700 million in direct financing with flexible terms, effective September 1, 2026.
EDC will increase risk appetite to aid SMEs facing new U.S. tariffs, particularly in steel, aluminum, automotive, and agri-food sectors.
Program supports market diversification, productivity enhancements, and working capital preservation through financing and insurance solutions.

The big picture

EDC's program expansion reflects growing trade uncertainty, particularly with the U.S., Canada's largest trading partner. The move aligns with broader government efforts to bolster export resilience amid shifting global trade dynamics. With $3 billion already deployed, the program's success will hinge on its ability to adapt to evolving tariff pressures and market conditions.

What we're watching

Tariff Mitigation: How EDC's increased risk appetite will affect SME access to capital amid rising U.S. tariffs.
Market Diversification: Whether Canadian exporters can successfully pivot to new markets with EDC's flexible financing.
Program Effectiveness: The pace at which TIP's expanded support translates into tangible growth for trade-exposed industries.