Export Development Canada (EDC) and IFC have signed agreements to expand their partnership in support of Canadian companies’ investments in emerging markets.

The agreements will strengthen emerging market projects and transactions, particularly in the infrastructure sector in the Middle East and North Africa. In addition, EDC and IFC will look for opportunities for collaboration in the areas of climate change, clean technology, water and healthcare.

Stephen Poloz, EDC president and chief executive officer says: “Having a stable and experienced partner to help develop emerging market opportunities while many others are pulling back from these notionally riskier regions presents a great fit with the diversifying interests of Canadian exporters and investors.”