Updated August 2026 · Verified against EDC guidelines
✓ First-Timer Friendly Not Applicable
Program Federal Active

EDC Foreign Exchange Facility Guarantee

EDC
Maximum Funding
Up to 100% coverage of the collateral your financial...
Continuous. No application deadline is published.
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Difficulty
Hard
Payment
Not Applicable
Trend
Stable
First-Timers
Friendly ✓
Co-Funding
Varies
EDC Foreign Exchange Facility Guarantee provides Up to 100% coverage of the collateral your financial institution requires on your FX contracts. Not a cash amount paid to your business. Guarantee that covers the collateral a bank requires for a foreign-exchange hedging facility, helping exporters lock in exchange rates without tying up working capital. Applications are accepted on an ongoing basis.
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Eligibility & Details

What this program funds and who can apply

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Program Description

Guarantee that covers the collateral a bank requires for a foreign-exchange hedging facility, helping exporters lock in exchange rates without tying up working capital.

Eligibility Requirements

  • Be a registered Canadian company that meets EDC's definition of an exporter
  • Have a business banking relationship with a Canadian financial institution
  • Meet certain environmental, social and governance standards and other non-financial criteria
  • Have, or be considering, an FX contract or other hedging instrument with your financial institution
Provinces
Industries
All
Business Stage
Startup Growth Established

Quick Assessment

Difficulty
Hard
Competition
Moderate
First-Timer
Friendly

Funding Details

Amount
Up to 100% coverage of the collateral your financial institution requires on your FX contracts. Not a cash amount paid to your business.
Type
Program
Level
Federal
Deadline
Continuous. No application deadline is published.

Program Scorecard

Competition, effort, and approval at a glance

Competition
Moderate
Deadline
Ongoing
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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What's in this Playbook

Everything you need to win EDC Foreign Exchange Facility Guarantee

Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.

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How to Win

Insider tips, common pitfalls, and what successful applicants look like

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Insider Tip

The guarantee replaces the security your bank would otherwise take, which is what keeps your assets liquid, and it also buys you room: with an FXG in place you can access more sophisticated hedging tools and book FX contracts for up to three years rather than hedging quarter to quarter.

Rejection Pitfalls 4

  • Not a registered Canadian company, or not meeting EDC's definition of an exporter
+3 more pitfalls
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Success Profile

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Evaluation Criteria

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Get in touch Contact EDC or your financial institution to see if an FXG is a good fit for your business. Be prepared to discuss your growth plans.

Required Documents 2

Your financial institution's FX facility agreement, if you already have one. EDC reviews its terms with you
Your hedging strategy and growth plans, which EDC asks you to be ready to discuss

Intake Periods

Deadline Notes

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Applying for EDC Foreign Exchange Facility Guarantee? Our Financial Projections Model ($29) covers the multi-year projections and burn-rate math reviewers look for. Or get all 4 templates in the Founder Pack ($59 · saves $27) →

Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Combined Funding Potential See your total funding potential

Clawback Risk

Low Risk

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How EDC Foreign Exchange Facility Guarantee Compares

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Frequently Asked Questions

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