Updated February 2026 • Verified government sources

Export Grants Canada 2026: The Complete Trade Funding Guide

CanExport, EDC, Creative Export Canada, AgriMarketing, and provincial programs — with verified eligibility, cost-share ratios, stacking strategies, and what changed for 2026–27.

15+
Programs
$50K
Max CanExport Grant
$123.4B
EDC Facilitated (2024)
160+
TCS Offices Worldwide
Researched by GrantCompass from government sources

Export Funding at a Glance

Canada offers a comprehensive ecosystem of export support spanning non-repayable grants, commercial financing, and free advisory services. The cornerstone is the CanExport program family by Global Affairs Canada, providing up to $50,000 per project for market development activities. Export Development Canada (EDC) facilitated $123.4 billion in trade in 2024 through credit insurance, loan guarantees, and direct financing — serving 27,800+ companies. The Trade Commissioner Service operates in 160+ cities worldwide, providing free market intelligence and buyer introductions. Sector-specific programs like Creative Export Canada (up to $2.5M) and the new AgriMarketing SME stream ($75M over 5 years at 70% cost-share) offer targeted support. Provincial programs add further layers: Ontario’s $50M Together Trade Fund, Quebec’s PSCE ($250K/year), and Alberta’s AEEP. Most critically, these programs can be stacked — but total government assistance cannot exceed 75% of project costs.

Key Facts: Export Grants in Canada

New in 2025-2026

Major Changes Affecting Exporters

CanExport SMEs 2026–27: Maximum per project reduced to $50,000 (from $99,999). Minimum eligibility raised to 3 full-time employees and $300,000 annual revenue. Virtual event participation no longer eligible. U.S. and non-U.S. projects must be separate applications. Program explicitly prioritizes non-U.S. market diversification.

AgriMarketing SME Stream (Feb 2026): Brand-new $75 million program for agriculture and agri-food SMEs, with 70% AAFC cost-share (vs. standard 50%). Projects under $100,000 targeting non-traditional markets get priority. Agriculture businesses are no longer eligible for CanExport — they use AgriMarketing instead.

EDC Trade Impact Program (March 2025): $5 billion over two years in additional financing and insurance capacity for companies affected by U.S. tariffs on Canadian goods. Covers credit insurance, export guarantees, and direct financing for all company sizes.

Ontario Together Trade Fund ($50M): Up to $5 million per business for market diversification, capacity expansion, and reshoring. Open to Ontario businesses with 3+ years operations impacted by U.S. tariffs.

What Types of Export Funding Are Available in Canada?

Not all export support is created equal. Here is how the three main types work.

Non-Repayable Grant

Free Money

No repayment required. CanExport SMEs, Creative Export Canada, AgriMarketing, and provincial programs provide grants that cover a percentage of your market development costs.

Financing & Insurance

Commercial Products

EDC provides credit insurance, loan guarantees, and direct financing. You pay premiums or interest — these are commercial services, not grants. Much larger scale than grants.

Advisory Services

Free Expert Guidance

The Trade Commissioner Service and provincial advisors (BC Export Navigator, Alberta TAP) provide free market intelligence, introductions, and export coaching at no cost.

What Federal Export Programs Are Available?

The core federal programs that fund and support Canadian international trade.

CanExport SMEs

Open
Up to $50,000 per project
Non-repayable grant • Global Affairs Canada / NRC IRAP

Canada’s flagship export grant for small and medium-sized enterprises pursuing new international markets. CanExport SMEs covers 50% of eligible costs including trade show participation, market research, legal fees, translation, marketing materials adaptation, and business travel to target markets. For 2026–27, the program budget is approximately $31 million, with $3.1 million allocated for U.S. projects and the remainder for non-U.S. market diversification. Applications are assessed on a rolling competitive basis — not first-come, first-served — within a 60 business day assessment period (90 days for U.S. markets).

Key 2026–27 changes: Maximum reduced to $50,000 per project (from $99,999). Minimum eligibility raised to 3 FTEs and $300,000 annual revenue. Virtual events no longer eligible. U.S. and non-U.S. must be separate applications. Agriculture and agri-food businesses are no longer eligible (directed to AgriMarketing instead).

CanExport covers up to 50% of eligible costs
CanExport: 50%Your share: 50%
Eligibility
3+ FTEs, $300K+ revenue, Canadian SME
Assessment Time
60 business days (90 for U.S.)
Deadline
May 29, 2026 for 2026–27 fiscal year
Stacking Limit
75% total government assistance
Visit CanExport SMEs →

CanExport Innovation

Open Mar 2026
Up to $75,000 per project (75% of costs)
Non-repayable grant • Global Affairs Canada / NRC IRAP

Helps Canadian innovators establish and formalize new collaborative R&D partnerships with foreign partners. Unlike CanExport SMEs (which funds market development), Innovation funds the partnership-building activities needed to launch international R&D collaborations — travel, meetings, and due diligence. Projects under $50,000 total budget are prioritized. Annual cap of $100,000 per organization within any 12-month period. Applications for 2026–27 open March 1, 2026.

CanExport Innovation covers up to 75% of eligible costs
CanExport: 75%Your share: 25%
Eligibility
Canadian SMEs, ≤500 FTEs, own/co-own IP
Annual Cap
$100,000 per organization
Visit CanExport Innovation →

Creative Export Canada

Annual Intake
Up to $2.5M (Export-Ready) • $90K/year (Export Development)
Non-repayable grant • Canadian Heritage

Dedicated export funding for Canada’s creative industries, with $33 million over 3 years (2023–2026). The Export-Ready Stream ($7M/year allocation) supports companies with export-ready projects, funding up to $2.5 million per project with a minimum $150,000 project cost. The Export Development Stream ($4M/year) targets new or early-stage exporters, providing up to $90,000 per year. Since 2018, Creative Export Canada has invested $64.6 million across 166 projects from 134+ companies.

Eligible sectors: Audiovisual (film, TV, animation), music, performing arts, publishing, visual art, artistic craft, design (exhibit, fashion, urban), and interactive digital media (when combined with another sector). Applications are competitive with annual intake windows, typically in spring.

Cost-share
25% minimum from private sources
Government Cap
75% total from all government sources
Intake
Annual calls, typically spring
Total Funded
166 projects, $64.6M since 2018
Visit Creative Export Canada →

AgriMarketing Program

Open
Up to $2M/year (Industry) • <$100K per project (SME Stream)
Non-repayable grant • Agriculture and Agri-Food Canada

Canada’s dedicated export support for agriculture and agri-food businesses, now with two streams. The Industry Stream funds national associations with up to $2 million per year at 50% cost-share (70% for Indo-Pacific diversification). The brand-new Market Diversification SME Stream launched February 13, 2026 with $75 million over 5 years, providing individual agri-food SMEs with up to $100,000 per project at a generous 70% AAFC cost-share. Priority sectors include canola, pulses, pork, fish, and seafood — businesses directly impacted by tariffs.

Important: Agriculture, agri-food, fish, and seafood businesses are not eligible for CanExport SMEs. They use AgriMarketing instead. However, AgTech, food technology, and agricultural machinery companies remain CanExport-eligible.

SME Stream: AAFC covers 70% of eligible costs
AAFC: 70%Your share: 30%
SME Intake
Feb 13, 2026 – Sep 30, 2030
Min Project Cost
$20,000 (min $14K AAFC)
Max Duration
Up to 18 months per project
Indigenous Support
Pathfinder Service: 1-866-367-8506
Visit AgriMarketing →

Export Development Canada (EDC)

Always Open
$123.4 billion facilitated in 2024
Financing, insurance & guarantees (commercial) • Crown Corporation

EDC is not a grant provider — it is a Crown corporation offering commercial financial products that help Canadian exporters manage international trade risk. EDC served 27,800+ companies in 2024, supporting 475,800+ Canadian jobs and $87 billion of GDP. Key products include:

Credit Insurance: Select Credit Insurance (new exporters, up to $500K, 5 buyers, 90% coverage) and Portfolio Credit Insurance (active exporters, unlimited buyers). Protects against buyer non-payment, insolvency, and political risk. Export Guarantee Program: Guarantees up to US$25 million to your bank so they extend working capital. TELP: Up to $250K approved in 2 business days through partner banks (RBC, BMO, CWB). Buyer Financing: EDC finances your foreign buyer directly so you get paid upfront.

Trade Impact Program (2025): $5 billion in additional capacity for exporters facing U.S. tariff disruptions. Covers credit insurance, foreign exchange guarantees, and direct financing for companies of all sizes.

Companies Served
27,800+ in 2024
Free Portal
MyEDC: insights, tools, 100K+ company database
Min Revenue (Direct Lending)
$10M+ annual revenue, $1M+ loan
Credit Insurance
No minimum — any Canadian exporter
Visit EDC →

Trade Commissioner Service (TCS)

Free Service
Free advisory services — no application required
Advisory & matchmaking • Global Affairs Canada

The Trade Commissioner Service is the Canadian government’s free export advisory network, operating in 160+ cities worldwide. Trade commissioners provide market intelligence, introductions to foreign buyers and partners, and guidance on exporting to specific countries. In 2023–24, TCS delivered 118 FTA promotion initiatives focused on CETA, CPTPP, and CUSMA. Eligibility requires a CRA business number, Canadian registration, and international business readiness. This should be your first stop as an exporter — Trade Commissioners also help identify which funding programs you qualify for.

Global Reach
160+ offices worldwide
Cost
Free for eligible Canadian businesses
Visit TCS →

Canadian Technology Accelerator (CTA)

Free Program
Free mentorship, workspace, and connections in global tech hubs
Accelerator • Global Affairs Canada

Operates in 12 global tech hubs, helping Canadian technology companies expand internationally through mentorship, workspace, and access to investors, customers, and partners. No cost to join. Specific programs include Cybersecurity and Enterprise AI cohorts. Competitive selection based on export readiness, scalability, and market fit for the target hub.

Locations
12 global tech hubs
Selection
Competitive, cohort-based
Visit CTA →

EDC vs. CanExport: Grants vs. Financing

One of the most common points of confusion. Here is when to use each.

When to Use Each

CanExport (Grant)

  • You need help paying for market research and trade shows
  • You are entering a new market where sales are under $100K
  • You want non-repayable funding (free money)
  • Scale: $10K–$50K per project

EDC (Financing)

  • You need to protect receivables from foreign buyer non-payment
  • You need working capital to fill large export orders
  • You need bonds or guarantees for international contracts
  • Scale: $250K to billions

They are complementary: Use CanExport to fund the market research and trade show costs to find a new buyer, then use EDC credit insurance to protect the receivables from that buyer, and use EDC’s Export Guarantee Program to access working capital to fill the order. EDC products do not count toward the 75% government stacking limit because they are commercial services, not grants.

First-Time Exporter vs. Experienced Exporter

Different programs for different stages of your export journey.

Recommended Program Path

Step 1: Advisory
Contact the Trade Commissioner Service — free, no application needed. Use BC Export Navigator or Alberta Trade Accelerator Program (TAP) for free export coaching. Build your export readiness assessment before spending money.
Step 2: Provincial
Apply to provincial programs first — lower barriers, smaller amounts, faster approvals. Alberta AEEP ($15K for trade events), Ontario OTTF (up to $5M for tariff-impacted), Atlantic Launch Export ($15K in training). Build a track record.
Step 3: CanExport
Apply to CanExport SMEs once you have a specific target market, concrete activities, and a realistic budget. For 2026–27: need 3+ FTEs and $300K+ revenue. Projects of $20K–$100K total (CanExport covers 50%).
Step 4: EDC
Once actively exporting with foreign buyers: get EDC Select Credit Insurance (no min revenue, 90% coverage). As you scale: TELP for working capital, Export Guarantee Program for larger credit lines. MyEDC portal is free from day one.

Export Grant Stacking Strategies

How to combine multiple programs for maximum support. Total government assistance cannot exceed 75% of project costs.

CanExport + IRAP + Provincial Credits

CanExport funds market development (finding buyers); IRAP funds R&D (building the product). These are different activities on the same product, so they stack naturally. A tech company can use IRAP to fund development of a new product feature ($150K), then use CanExport to fund trade shows and market research in the UK ($40K). SR&ED explicitly excludes market research and sales promotion — the exact activities CanExport covers — so there is no overlap.

Provincial programs layer on top: Alberta AEEP covers trade event travel ($15K) while CanExport covers broader market development. Ontario OTTF ($5M) covers market diversification costs for tariff-impacted businesses. Quebec PSCE ($250K/year) covers export activities at 50% cost-share. All stack within the 75% federal limit.

EDC is always additive: Because EDC provides commercial services (insurance, financing), its products do not count toward the 75% government assistance cap. You can receive CanExport + provincial grants + EDC credit insurance and working capital simultaneously.

What Provincial Export Programs Does Each Province Offer?

Province-specific funding that layers on top of federal programs.

Ontario

Ontario Together Trade Fund (OTTF): Up to $5M per business ($50M total program). For businesses with 3+ years operations, 5+ FTEs, impacted by U.S. tariffs (30%+ revenue loss or in targeted sectors). Covers market diversification, capacity expansion, reshoring, and equipment. Open since April 2025.

Ontario Creates Global Market Development: Up to $15,000 (50% of costs) for interactive digital media, book publishing, and film/TV businesses. Stacks with CanExport within 75% cap.

Quebec

Investissement Quebec PSCE: Up to $250,000/year (50% of costs), lifetime cap $500,000. Three streams covering Quebec market preparation, international diversification, and specialized support for high-growth exporters.

ORPEX Network: 21 regional export promotion organizations across Quebec providing export diagnostics, business plans, market studies, and buyer meetings. $15.8M over 2 years plus $2M/year to Investissement Quebec.

SODEXPORT: Up to $160,000 for cultural companies expanding internationally.

Alberta

Alberta Export Expansion Program (AEEP): Up to $15,000/year for trade event travel. $400/day first traveler, $200/day second. Up to $1,000 event registration. Requires 1+ year Alberta incorporation, $250K–$25M annual sales, <500 FTEs. First-come, first-served. $2M budget for 2025–26.

Trade Accelerator Program (TAP): Free export strategy development program helping SMEs build actionable export plans with mentorship and resources.

British Columbia

Export Navigator: Free personalized export advisory and coaching. No cost to the business. $1.2M from PacifiCan for continued delivery.

CUSMA Compliance Advisory (CCASI): Up to $5,000 (50% of costs) for CUSMA compliance consulting. $900K budget, runs until March 2026.

Trade Accelerator Program (TAP): Strategy, resources, and mentorship for SMEs to develop and activate export plans. Priority markets: Mexico, Vietnam, Taiwan.

Atlantic Canada

ATIGS (Atlantic Trade Strategy): $20M over 5 years ($14M federal via ACOA + $6M from 4 provinces). Supports Atlantic firms in international business and FDI attraction. Contact ACOA at 1-888-576-4444.

Launch Export Atlantic Incubator: Estimated $15,000 worth of export training per company. 32 companies per cohort (8 per province). 7-month program covering business foundations, export readiness, and market entry strategy. Up to 75% of admissible expenses funded.

Which Program Should You Apply To?

First-time exporter
Start with the Trade Commissioner Service (free) and provincial advisory (Export Navigator, TAP). Then apply to CanExport SMEs when you have a concrete market plan. Get EDC Select Credit Insurance once you have foreign buyers.
Tech company expanding globally
Apply to the Canadian Technology Accelerator for your target hub. Use CanExport Innovation ($75K at 75%) for R&D partnerships and CanExport SMEs ($50K at 50%) for market development. Consider CIIP for co-innovation projects up to $600K.
Agriculture/food exporter
Apply to the new AgriMarketing SME Stream ($100K at 70% cost-share). You are not eligible for CanExport SMEs. Priority given to businesses impacted by tariffs (canola, pulses, pork, fish, seafood).
Creative industry
Apply to Creative Export Canada — Export Development Stream ($90K/year) if new to exporting, Export-Ready Stream (up to $2.5M) if you have an export-ready project. Annual intake, typically spring.
Impacted by U.S. tariffs
Contact EDC about the $5B Trade Impact Program immediately. Apply to Ontario OTTF (up to $5M) if Ontario-based. Use CanExport SMEs (non-U.S. allocation) to diversify to CETA, CPTPP, or Indo-Pacific markets.

Common Mistakes in Export Grant Applications

  1. Not meeting updated eligibility. CanExport 2026–27 raised minimums to 3 FTEs and $300,000 revenue. Applications that don’t meet these are automatically rejected without assessment.
  2. Including ineligible expenses. Employee salaries, capital assets, overhead, GST/HST, website maintenance, CRM subscriptions, advertising (except specified promotional materials), and consultant travel costs are all ineligible.
  3. Incurring costs before approval. The program does not cover costs incurred, invoiced, or paid before your project submission is approved. Time your application before you book travel or sign contracts.
  4. Submitting virtual-only activities. For 2026–27, virtual event participation is no longer eligible. In-person activities only.
  5. Not disclosing all government funding. Must disclose ALL government sources (federal, provincial, municipal, Crown corporations). Failure to disclose can result in rejection, termination, and fund recovery.
  6. Targeting too many markets. Up to 5 markets allowed, but spreading thin without clear justification for each is a red flag. Focus on 1–2 priority markets with strong commercial rationale.
  7. Mixing U.S. and non-U.S. markets. For 2026–27, you cannot target both U.S. and other markets in a single application. Submit separately.
  8. Not stacking programs. Many exporters use CanExport alone when they could also benefit from provincial programs, IRAP (for the R&D), and EDC (for trade risk). A coordinated approach maximizes your total support.

How to Apply: Step by Step

1

Assess Your Export Readiness

Contact the Trade Commissioner Service for a free export readiness assessment. Determine your target markets, export capacity, and whether you need grants (market development), financing (risk mitigation), or advisory services. Use TCS’s Export Readiness Assessment Tool (ERAT) to self-assess. Key questions: Do you have senior management commitment? Can you handle increased production? Do you have a competitive advantage vs. local competitors in the target market?

2

Prepare Your Market Development Plan

Identify 1–5 target markets where your sales were under $100,000 last year (or under 10% of total sales). Prepare SWOT analysis, competitive positioning, and entry strategy for each market. Build a budget with line-item justification tied to CanExport’s eligible expense categories (A through H). Include realistic sales projections that justify the investment — evaluators want to see a credible path to break-even within the first year.

3

Apply to Federal and Provincial Programs

Submit CanExport SMEs online through the TCS portal before incurring costs (retroactive expenses are ineligible). Assessment takes 60 business days. Simultaneously explore provincial programs — Alberta AEEP is first-come first-served, Ontario OTTF has continuous intake, Quebec PSCE requires Investissement Quebec application. CanExport deadline: May 29, 2026.

4

Stack Programs and Protect Your Trade

Layer EDC credit insurance to protect receivables once you have foreign buyers (up to 90% coverage, any exporter size). Use the Export Guarantee Program for working capital from your bank. Apply for additional CanExport projects as you expand to new markets. Total government assistance across all grant programs cannot exceed 75% — but EDC insurance/financing does not count toward this cap.

Program Comparison Table

Side-by-side comparison of major export funding programs.

Program Max Amount Type Best For Cost-Share Status
CanExport SMEs $50,000 Grant Market development 50/50 Open
CanExport Innovation $75,000 Grant R&D partnerships 75/25 Open Mar 2026
Creative Export (ERS) $2.5M Grant Creative industries 75/25 Annual intake
Creative Export (EDS) $90K/year Grant New creative exporters 75/25 Annual intake
AgriMarketing (SME) <$100K Grant Agri-food exporters 70/30 Open (new)
AgriMarketing (Industry) $2M/year Grant Agri associations 50/50 Contact first
EDC Credit Insurance 90% coverage Insurance A/R protection Premium-based Always open
EDC TELP $250K–$3M Guarantee Working capital Fee-based Always open
Ontario OTTF $5M Grant/Loan Tariff-impacted ON Varies Open
Quebec PSCE $250K/year Grant QC exporters 50/50 Open
Alberta AEEP $15K/year Grant Trade event travel ~25/75 Open
CIIP (R&D) $600K Grant International R&D 50/50 Open
← Scroll to see all columns →

Frequently Asked Questions

Answers based on verified government program documentation.

What export grants are available for Canadian businesses in 2026?

+
Canadian businesses can access 15+ export funding programs. The main grants include CanExport SMEs (up to $50,000 per project at 50% cost-share), CanExport Innovation (up to $75,000 at 75%), Creative Export Canada (up to $2.5M for creative industries), and AgriMarketing (new $75M SME stream at 70% cost-share). EDC provides financing and insurance (not grants) totaling $123.4B facilitated in 2024. The Trade Commissioner Service offers free advisory through 160+ offices worldwide. Provincial programs add further support: Ontario OTTF ($50M program), Alberta AEEP ($15K for trade events), Quebec PSCE ($250K/year), and Atlantic Canada ATIGS ($20M federal-provincial program).

What changed with CanExport SMEs for 2026–2027?

+
Major changes: Maximum per project reduced to $50,000 (from $99,999). Minimum eligibility raised to 3 full-time employees and $300,000 annual revenue (up from 1 FTE and $100,000). Virtual events no longer eligible — in-person only. U.S. and non-U.S. projects must be separate applications. The program explicitly prioritizes non-U.S. market diversification, with only $3.1M of the $31M budget allocated for U.S. projects. Agriculture, agri-food, fish, and seafood businesses are no longer eligible and are directed to AgriMarketing instead. Deadline: May 29, 2026.

What is the difference between EDC and CanExport?

+
CanExport provides non-repayable grants for market development (free money). EDC provides commercial financial products — credit insurance, loan guarantees, and direct financing — for which you pay premiums, fees, or interest. Use CanExport when you need help paying for market research, trade shows, and marketing to find buyers in new markets. Use EDC when you need to protect your foreign accounts receivable, access working capital to fill export orders, or post performance bonds for international contracts. They are complementary and can be used simultaneously. EDC products do not count toward the 75% government stacking limit.

Can I combine CanExport with other government programs?

+
Yes. CanExport stacks with IRAP (R&D funding), SR&ED (tax credits), and provincial programs, as long as total government assistance does not exceed 75% of total project costs. CanExport funds market development while IRAP funds innovation — different activities, same product. Provincial programs (Ontario OTTF, Alberta AEEP, Quebec PSCE) also stack within the 75% cap. You must disclose all government funding sources in your application. Failure to disclose can result in rejection, termination, and recovery of funds. EDC insurance and financing are commercial products and do not count toward the 75% cap.

How do I apply for CanExport SMEs?

+
Check eligibility (3+ FTEs, $300K+ revenue for 2026–27). Identify 1–5 target markets where sales were under $100K or under 10% of total sales. Prepare a market development plan with specific activities, budgets, and projected revenue. Submit online through the Trade Commissioner Service portal. Applications are assessed on a rolling competitive basis — 60 business days for non-U.S. markets, 90 days for U.S. Current deadline: May 29, 2026. Critical: apply before incurring costs — retroactive expenses are not eligible. The strongest applications show a clear path from activities to export revenue.

Are there export programs for creative industries?

+
Yes. Creative Export Canada has two streams: the Export-Ready Stream (up to $2.5M per project, $7M annual allocation) for companies with export-ready products, and the Export Development Stream (up to $90K/year, $4M allocation) for new exporters. Eligible sectors: audiovisual, music, performing arts, publishing, visual art, design, artistic craft, and interactive digital media (when combined with another sector). Since 2018, CEC has invested $64.6M in 166 projects. Ontario Creates also offers Global Market Development grants up to $15,000 for Ontario-based creative businesses. Quebec SODEXPORT provides up to $160,000 for cultural companies.

What provincial export programs are available?

+
Ontario Together Trade Fund (up to $5M, $50M program, for tariff-impacted businesses). Quebec PSCE via Investissement Quebec (up to $250K/year, 50% cost-share). Alberta AEEP (up to $15K/year for trade event travel, first-come-first-served). BC Export Navigator (free advisory) plus CCASI ($5K CUSMA compliance). Atlantic Canada ATIGS ($20M program) plus Launch Export incubator ($15K training per company, 32 per cohort). All stack with federal CanExport within the 75% total government assistance limit. Contact your province’s trade office for current intake windows.

How much trade did EDC facilitate in 2024?

+
EDC facilitated $123.4 billion in trade-related activities in 2024, supporting over 27,800 Canadian businesses. EDC’s activities supported 475,800 domestic jobs and contributed $87 billion to Canada’s GDP. A Statistics Canada study found EDC-supported companies generate 23% more revenues and employ 16% more workers.

How much did Canada export in merchandise in 2024?

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Canada exported $721.1 billion in merchandise in 2024, up 1.3% from 2023. The U.S. received 75.9% of exports ($547.4 billion). Canada’s non-U.S. exports reached $296 billion, exceeding the Export Diversification Strategy’s $292 billion target.

What are the most common mistakes in export grant applications?

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Not meeting updated eligibility (3+ FTEs, $300K+ revenue for 2026–27), including ineligible expenses (salaries, capital assets, overhead, GST/HST, website maintenance), incurring costs before approval (retroactive expenses are ineligible), submitting virtual-only activities (no longer eligible), not disclosing all government funding sources (can result in fund recovery), targeting too many markets without justification, mixing U.S. and non-U.S. markets in one application, and not stacking with provincial and EDC programs for maximum support.
2024 Export Landscape

How Much Do Canadian Businesses Export?

Key figures from EDC, Statistics Canada, and Global Affairs Canada

$721B Canada’s total merchandise exports in 2024, up 1.3% year-over-year
$123.4B Trade facilitated by EDC in 2024 through insurance, financing, and guarantees
27,800+ Canadian businesses supported by EDC in 2024, vast majority SMEs
475,800 Domestic jobs supported through EDC-facilitated trade activities
161 Cities worldwide where the Trade Commissioner Service has offices with 1,000+ professionals
$50K Maximum per-project CanExport SME grant for 2026-27 at 50% cost-share

“During an uncertain economic environment, we strategically deployed capital and took on risk to help more Canadian companies reach global markets. We’re motivated by findings that Canadian companies supported by EDC generate 23% more revenues, employ 16% more workers and are 6% more productive.”

— Scott Moore, Executive Vice-President & CFO, Export Development Canada, EDC 2024 Integrated Annual Report

Sources & Official References

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