Total value of deal is US$170 million. Transaction expected to close by year end.
Bank of Canada governor Stephen Poloz hasn’t touched the rate since he increased it in January, a move that followed increases last year in September and July.
Economy grew at annualized pace of 1.3 per cent in Q1 2018, compared to 1.7 per cent in Q4 2017.
Funding will allow the bank to take on more risk so high-potential clean tech firms can expand and hire additional staff.
Directed at businesses across Canada that have at least $5 million to $10 million in revenue.
Canadian companies having trouble obtaining financing for investment projects.
Trade Protect allows small companies to insure their foreign sales in minutes.
The platform is becoming an increasingly real growth strategy.
Here are two ways to access more of it immediately.
There are financing options outside of the banks.
Export financing agency is looking to grow satellite business.
EDC financing will develop Canadian connections in South America.
Deal with Brazilian mining giant also involves RBC, CIBC, Scotiabank.
Manufacturing sector worst hit, losing half its firms between 2006 and 2010.
A 97-cent loonie in 2013 offers exporters a bit of a reprieve.