Export Development Canada and the Canadian Trade Commissioner Service play key roles in helping SMEs grow and prosper
October 30, 2014 - Ottawa, Ontario - Foreign Affairs, Trade and Development Canada
The Honourable Ed Fast, Minister of International Trade, today marked Halloween by welcoming the job-creating export success of Winnipeg-based confectioner OMG’s Candy Inc.
Export Development Canada’s (EDC’s) new Export Guarantee Program enabled OMG’s Candy to secure a key contract with a major U.S. retail chain. The Export Guarantee Program encourages bank lending to small and medium-sized enterprises (SMEs) to provide access to credit for their international business.
The Government of Canada is focused on creating the right environment for SMEs to succeed abroad and is supporting them through tools and services made available through EDC, the Canadian Trade Commissioner Service, the Business Development Bank of Canada and the Canadian Commercial Corporation.
A priority sector under Canada’s Global Markets Action Plan (GMAP), the processed foods industry offers great opportunities for SMEs. With exports of more than $21 billion in 2013, the sector employs almost 200,000 Canadians.
Shannon Gutoskie
Press Secretary
Office of the Honourable Ed Fast
Minister of International Trade
613-992-7332
Media Relations Office
Foreign Affairs, Trade and Development Canada
343-203-7700
media@international.gc.ca
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